The Moonlight Real Estate Side Hustles and Syndications Show

When Partnering to Buy Real Estate, Make Sure Your Partner’s Tax Problems Don’t Become Yours 🔍

Eric Lindsey Season 1 Episode 164

This episode helps us, as investors, perform due diligence on potential partners to ensure that their tax problems don't become ours.

Meet Our Guest
Carlos Samaniego — former paramedic and former real-estate loan officer who is now a federally licensed IRS specialist (enrolled agent) and co-founder of Tax Debt Consultants, LLC.

💡 How This Episode Will Help Real-Estate Investors
Hidden tax debt can block a refinance, stall a sale, or even drag an entire partnership into collections. Carlos explains exactly how to spot those risks in advance, why COVID-era lien delays make them harder to see, and which IRS tools can resolve problems before they explode.

📌 Core Takeaways (Quick Hits)
A Personal Tax Crisis Sparked His Career 🧾
Eight years of unfiled returns left Carlos owing nearly six figures. An enrolled agent solved it, inspiring him to earn the same license and help others face the IRS with confidence.

Three-Step Fix for Any Tax Problem 🔧

Pull transcripts for every tax year back to 1990.

File only the six years the IRS requires for compliance.

Choose the right remedy: an affordable installment plan, “currently not collectible” status, or (if you qualify) an offer-in-compromise.

COVID Lien Pause = Invisible Liabilities ⚠️
From 2020 to 2023 federal tax liens were rarely filed, so a partner’s credit report may look clean while big balances sit unseen.

Due-Diligence Checklist for Partnerships 🤝
• Ask every prospective partner for an IRS transcript, not just a credit score.
• Verify all returns are filed and any balances are addressed before funding a deal.
• Re-check transcripts and title records before refinancing or selling.

🗣️ Key Quotes
“I file the power of attorney so you never have to call the IRS yourself.”

“The IRS usually needs just six returns to call you compliant.”

“A hidden lien can halt a refinance and trap your equity.”Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: Moonlightcre.com
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