NYC Tax Advocates

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Specializing in IRS and NYS Tax Representation. Workers Compensation Audits, Payroll, Sales and Income Tax representation for Businesses, Individuals, Restaurants and Construction Companies. Civil and Criminal Workers Comp Audit representation includes: NYSIF Examinations, Premium Disputes, Employee Misclassification, Underreporting, Unreported Income, and Failure to Keep Accurate Payroll Records.

Friday, January 20, 2017

How to get a Mortgage in 4 Seconds (even if you owe the IRS)



About 1 year ago we discovered a loophole in the US Tax Code and Department of Housing and Urban Development, “HUD”. This loophole allows people who owe taxes to the IRS and State, to qualify for FHA and VA mortgages, without having to repay their tax debts. And because FHA only requires a 3½ percent down payment, you only need $21,000 to get into a $600,000 mortgage.  And that buy’s a lot of house! Right now, you could owe the IRS $1,000,000 and close on a new mortgage, or refinance an existing loan within 90 days. Eventually, this loophole is going to close, and everyone who is smart enough to take advantage will profit – and those that didn’t, will have missed the boat.





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Selig & Associates is a boutique Tax Representation and Risk Management Firm specializing in unpaid tax obligations and commercial insurance coverage

  Tax Advocacy      Federal Tax Practitioner, CPCU and Attorney. Practicing before the Internal Revenue Service and New York State Departmen...