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	<title>Comments on: Tax lien certificates (TLC) profit exactly how?</title>
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	<pubDate>Sun, 20 May 2012 16:21:43 +0000</pubDate>
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		<title>By: JP</title>
		<link>http://taxlieninvestingnews.com/questions-and-answers/tax-lien-certificates-tlc-profit-exactly-how/comment-page-1/#comment-173</link>
		<dc:creator>JP</dc:creator>
		<pubDate>Thu, 27 Aug 2009 21:01:52 +0000</pubDate>
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		<description>You can lose money and if you don't have a reference to go with, you got a few traps like bankruptcies and such.  I read my first book on it and recommend that you at least read a few.

First i'm not sure what company is processing it in your example since local government agencies usually do not charge processing fees.  If you are in Arizona, you would get 16% return per annum on the $56.99 if it is paid off by the tax payer.

Hope that helps.  Please see the reference below.</description>
		<content:encoded><![CDATA[<p>You can lose money and if you don&#8217;t have a reference to go with, you got a few traps like bankruptcies and such.  I read my first book on it and recommend that you at least read a few.</p>
<p>First i&#8217;m not sure what company is processing it in your example since local government agencies usually do not charge processing fees.  If you are in Arizona, you would get 16% return per annum on the $56.99 if it is paid off by the tax payer.</p>
<p>Hope that helps.  Please see the reference below.</p>
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