My Friend Michael and his partner John own the top Tax lien list sit on the planet-Have a look and tell him I sent you!
By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
There will be two new Internet sales this year in Colorado, Weld County and Denver County. Both are being run by RealAuction.com who has run the most successful Internet sales in Florida and Arizona. They will have training classes for any who want to attend. The schedule is as follows:
Weld County the site is http://www.weldtaxsale.com/
October 11th 2006 at 3:30 PM MSTOctober 25th 2006 at 6:30 PM MST
Weld County Training Center 1104 H StreetGreeley, Co 80631
Denver County the site is http://www.denvertaxsale.com/
October 12th 2006 at 1:00 PM MSTOctober 26th 2006 at 5:30 PM MST
Wellington E. Webb Municipal Building201 West Colfax Avenue
Room 4.G.2Denver, CO 80202
By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
|
30k federal tax lien placed on Scranton Tommorrow
Scranton Times-Tribune The IRS has placed a $30732.73 tax lien on Scranton Tomorrow for not paying payroll taxes. Already paying down about $7000 … |
By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
…when you buy it for 5-10% of it appraised value!
This is the no-BS blog about how to make money off of the terrible economy just like the rich folks do!
It’s a fact-people aren’t paying there taxes!
Which means that normal folks like you and me can can buy the tax liens on those unpaid taxes and often buy a house for the cost of the tax bill.
Think about how cheaply you could sell that house and still make a huge profit, you’ll have the lowest price on the block, period!
Make money by being smart, not working hard!
By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
An example of a “Bulk” sale of tax liens is shown below. Why would you care if you don’t have an extra $10 million hanging around to bid? The reason is the buyer of this package of liens may well have an interest in selling some of the liens to limit their risk.
The Lucas County Treasurer’s Office expects to distribute payments totaling about $9.8 million to school districts, cities, and other taxing districts from the sale of liens on delinquent property taxes, Treasurer Wade Kapszukiewicz announced yesterday.
The money will come from the sale of liens on about 4,800 tax-delinquent parcels to a New Jersey collection company.
Mr. Kapszukiewicz said Lucas County is the seventh county in the state to take advantage of the power approved in 1997 to sell liens on parcels with delinquent taxes to a collection agency.
He said his office awarded the tax-lien sales to Xpand, of Morristown, N.J., a subsidiary of Bear Stearns Cos. Inc., for $9.8 million, which gives it the right to collect on the delinquent parcels and to charge interest rates of up to 18 percent.
The lien sales will take effect Nov. 30, unless the owners of the 4,800 properties pay their bills in full or qualify to be put on a payment plan.
Mr. Kapszukiewicz campaigned in 2004 on a promise to try the tax-lien sale, which he said would help dislodge millions of unpaid taxes that were not being collected by his predecessor, Ray Kest.
“This program does not target anyone who is making a good-faith attempt to pay their taxes,” Mr. Kapszukiewicz said. (this is from the Toledo Blade)
By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
|
Rep. Daley moves to settle tax lien against his law firm
Monessen Valley Independent Chris Buckley is a Valley Independent staff writer and can be reached at 724-684-2642 or via e-mail. State Rep. … |
By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
Often times the most successful people are the people who keep going, never give up, and are willing to do what it takes to accomplish their goals and dreams.
Many times they don’t even have a clue how they are going to accomplish what they set out to do, they just know they are going to accomplish it…
This has to be you.
You must be willing to fall down, get back up, and keep going no matter what. The winner of any race is not always the fastest person, but the person who keeps running and doesn’t give up.
Safer, Cheaper Real Estate Investing!
By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
One thing that seems to catch some people unawares is the interest rate that is quoted for a tax sale. There are two types of interest rates - one is an interest rate and one is a penalty. Why do you care? Because it can make a substantial difference in your return on investment.
Lets assume there are two different tax lien sales, one has a 10% interest rate and the other has a 10% penalty. You buy a $1,000 lien in both sales and both liens redeem exactly 90 days later. Which one was the better investment? Let’s do the numbers.
The 10% interest rate lien will earn the following: $1,000 times 10% for 90 days will earn $24.70 (1000 X .10/365*90)=24.70. A 10% percent penalty for 90 days (or 180, 0r 365) will earn $100.00 (1000 X .10)=100. Which would you rather have? The anualized return on the penalty is 40.6% (100 / 90 X 365 /1000). So, obviously 10% is not always 10%. You need to know if you are earning a penalty or an interest rate.
Some of the penalty states are SC, TX, IL and IN. there are others. Check it out and know what you are getting.
By John Lane
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
|
How to avoid tax liens
Helium Facing a federal tax lien is a frightening and potentially credit-destroying situation. Take steps to deal with the Internal Revenue Service … |
By news.google.com
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
Here’s a quicky rundown in case you are new…
The first question most people usually ask is what are tax liens? When someone fails to pay their taxes on a piece of property, the local county government steps in and takes control of the property. They place a lien against the piece of property until the taxes are paid.
They then put it up for auction in order to get their money. The government doesn’t want to own real estate, they want their taxes instead. That’s how they function and that money has to come from someone.
This is where you come in. You then have the right to place a bid on the property in order to pay the back due taxes. If you get the bid, you get the right to make money from the property. The exact laws vary from one state to another, however, the basics usually work out like this.
You pay the back taxes, and the original owner is expected to pay you back for the back taxes plus a certain amount of interest on your investment. If they fail to pay, you then get the property free and clear and gain complete ownership of the property.
The government wants their money, that’s all. The person who originally owned the property agreed to pay the taxes when they bought it. When they fail to pay, they default on their part of the agreement and give the local government the right to come in and take the property. When they do this, they place the property in their list of delinquent tax properties list and give other people the right to pay the back taxes and gain ownership of the property.
The beautiful part of tax liens is that very few people know anything about them. This means that you can literally pick up a few properties for a fraction of what one of those would normally cost at normal price. It isn’t unheard of for someone to purchase 10 or more properties for less than $10,000.
Time to learn to make real money!
By Tax Liens Made Easy
To learn more about Tax Lien Investing, please visit www.TaxLienInvestingGuide.com
Tax Lien Podcast