What happens when the IRS shuts down a restaurant for unpaid taxes?What happens to landlord of that property?

Answer 1

It shouldn't have any direct implications on the landlord, aside from the fact that rent won't be coming in any more.

It's also possible that there could be questions as to who owns what. Property that belongs to the landlord isn't subject to IRS attachment however if ownership is not clear the landlord could have problems. For example, if the landlord owned the ovens and other restaurant equipment and included them in the rent he might have to prove ownership to prevent the IRS from seizing them to satisfy any tax liens.

Answer 2

If the landlord is not the operator of the restaurant, i.e. the person or corporation who failed to pay payroll taxes that the IRS wants, then nothing should happen to the landlord. In fact, it is likely that if the person is wanted by the IRS, they haven't paid the rent either. That doesn't mean the landlord isn't going to have some problems freeing up the property for use by someone else while the IRS is making sure the landlord is not involved in the operation of the place.

Answer 3

Your "Valley of Humility" looks to have been a experience to "splendor". I, on the different-hand, had to pass slowly out of The Beast of the Abyss (conflict). At which era, I slowly crawled interior the direction of the Valley of Humility, and became freed from the self. thank you for sharing your splendor.