That would depend on how the property is held by Subvet and his wife under Florida state laws.The Operative wrote:. It is very probable that if the IRS decided to pursue foreclosure that he and his wife would end up with nothing other than having a large portion of his tax bill satisfied.
Given the fact that SFRs are typically done as separate assessments, a scenario is possible where the IRS would only seize Subvet's ownership in the property and sell that, leaving the wife's interest alone. Of course, if she has separate unpaid assessments, then her interest would be subject to the same type of seizure and sale actions.