Photo by PoPville flickr user Miki J.
I’m looking at purchasing a lot in DC with a large amount of property back tax due (far more than what the lot is worth), and plan to make DC an “offer in compromise” to pay just a portion of what’s due, which if they accepted would allow me to own the property free and clear. However, if they reject my offer, they get to keep the money that I put down as part of it. They can also make a counter offer. Anyways it’s a bit risky and convoluted so I’m curious if anyone else out there in PoPville has had any experience with this, or know someone who does. Thanks!”