I am unable to pay my 08 taxes. I have intentions of getting things more financially sound in 2009 and 2010. How long before the county begins putting tax liens on my property.
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?
Hello, I’ve done research a bit and I am interested to buy tax liens in Michigan, what place do you suggest me to start asking?
I am graduating college with no debt and will probably be working at a large defense company making a good starting salary. My question is about investing my hard earned money. Which way should I go, get into the market try to research a mutual fund that has low fees and is emphasizing on buying undervalued stocks in the long term or try to get into a foreclosure that isn’t trashed in a decent neighborhood and try to fix it up a little. I would like to do both. I am eligible for a VA loan that requires little down and locks in lower fixed rates, but I think there is some stipulation with insurance, but I am not looking for this to be a long term house. I will likely sell it once the market rebounds. I am also going to try to start a company on the weekends that researches viable tax liens. Any advise would be appreciated.
What are some ideas for investing if one has around K in cash today. Moderate risk tolerance - don’t want to loose it all. Time horizon of 3-5 years.
Rental income properties?
Tax liens?
Buying a franchise?
Local mom & pop business?
Stocks? Bonds?
What are some ideas for investing if one has around K in cash today. Moderate risk tolerance - don’t want to loose it all. Time horizon of 3-5 years.
Rental income properties?
Tax liens?
Buying a franchise?
Local mom & pop business?
Stocks? Bonds
———————-
Further clarification: I was hoping for ideas that don’t have anything to do with banks, brokerages houses etc.. Maybe more of business or trade or hands-on value addition and not necessarily hands-off investment.
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
With guaranteed rates as high as 24% offered by tax lien certificates, is there any reason not to pull all of your money out of stocks/bonds and put it in tax liens? Is there anyone out there who holds tax lien certificates in their IRA/Roth IRA?
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What would you invest it in? I was thinking FOREX or tax liens and deeds. Any other suggestions?
I have a single-member LLC (mainly in apartment rentals but my LLC can engage "in any legal business activity"). I also have a bunch of guys that want to invest in tax liens. Can a trust be created for the investment group (to pool the money together) and have the LLC act as the trustee?
Tax Lien Podcast