Legal Investments Where The IRS Cannot See?

Jul 15, 2009 in Questions And Answers

I am handicapped and on a disability pension. I do not wish to be on this forever as I hate depending on the gov for funds. So i’d like to invest now since i am young but as it turns out I am not allowed to own more than 2k of any investments or they cut me.. which is hardly a strong foundation to survive on the profits of. =(

I’ve been studying different markets; stocks, realestate, bonds, tax liens but it seems the IRS would always know what i’m doing even if i didn’t report. And I dont really want to do anything illegal but I also do not want them in my business if i can invest in territory that they have no control over.

So i thought that they couldn’t possibly watch over everything..

Yes, I know i’m really suppose to report every little dime I earn from anything and everything, from any location but I look at it as a don’t-ask-don’t-tell.

The only thing i can think of is maybe some stock markets in other places of the world have markets in countries that dont report?

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What are good investments for me?

Jul 05, 2009 in Questions And Answers

I’m 17 and have 500 bucks I want to invest. What are some good investments. I don’t really want to do stocks. What are my options? Tax liens? CDs? What is the best choice for me? (I don’t really know what a tax lien is or a CD so please explain)

Thanks

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Are there any Roth IRAs that allow me to have total freedom?

May 28, 2009 in Questions And Answers

Okay, I love the tax advantages of a Roth Individual Retirement Account, but I hate being told what I can and can't invest MY money in. I could put it in a freakin' triangular hole in the ground, if I felt like it. But anyway, I'm looking for a Roth IRA that will allow me to invest in:
1. Lending to people via Prosper.com
2. The deeds to rental properties that pay for themselves and pay into the account
3. Tax liens and/or tax lien certificates
4. Stocks

I want to invest in _all_ of those things. I DO NOT want to invest in annuities, cds, or mutual funds. Those pathetic investments are dead to me.

Does anyone know where to look for my desired IRA?

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How do you invest in Real Estate tax deeds by mail?

Apr 06, 2009 in Questions And Answers

Ive heard that investing in tax deeds by mail is profitable. I just wanna know about how much money is needed to get started and what states & county's are really good investments.

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What is tax lien investing?

Mar 30, 2009 in Questions And Answers

*sheepish* I saw an infomercial on tax lien investing and they were claiming to get huge returns on the investments. Something like 50%

Is this true? And what exactly is tax lien investing?

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