"cyber" <georgekspam[at]humboldt1.com> wrote

- quote -

Well, what are the damages exactly? Since you still own the
asset and all. Did it lose value because of this? Or is it
that you'll just have to wait a tad longer (and the value
actually increase)?

For a minimum, you should be able to get the additional
accounting/legal fees involved in having the lien removed.

--
Snowmen fall from heaven unassembled.
-------------
Paul A. Thomas, CPA
taxman at negia.net

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cyber <georgekspam[at]humboldt1.com> wrote:

- quote -

You sell it again. Your damages will be:

1. The difference in price between the first agreement
and the actual sale;

2. Any additional costs to conduct the sale that you would
not have had to incur otherwise; and

3. Possibly interest between the time you would have closed
on the first sale and when you actually did close.

This is not to say that you will actually be able to win
against the IRS. I don't know the answer to that without
getting more information and doing some research.

Stu

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How would you compute "damages" when the IRS fails to remove
a lien and the deal falls through?

"If I can not dance, I want no part in your revolution." Emma Goldman

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