The IRS has set a new date to auction off the home of former Idaho state Rep. Phil Hart, R-Athol, to offset his federal income tax debts: Jan. 28 at 11 a.m. The auction will take place at 501 Government Way in Coeur d’Alene, with bidder registration starting at 10 a.m.; like the last auction, the minimum bid price is set at $110,000. Hart was the successful bidder for the home at on Oct. 1 auction with a bid of $202,740, but after putting up the required 10 percent deposit, he failed to pay the balance in time and the sale fell through. His forfeited deposit was applied toward his $586,000-plus federal tax debt/Betsy Russell, Eye on Boise. More here.
DFO: It'll be interesting to see if Hart shows up and submits another bid Jan. 28. Thoughts?