Tax Sales

For those that want to buy Tax Liens with out the auction process, in Florida when the Lien does not sell it will move to the County Held Certificates list. Some counties host these on their own website, great way to get to those is www.netronline.com.
For others you can go through www.grantstreet.com click on financial auctions, then down to Tax Liens. The first counties listed will have direct links to the county held certificates.
Here is why they are so great. On the Florida website in regards to the tax liens here are some of the specifics that we need to pay attention to.
-redemption period begins on the date of delinquency
-2 year redemption period with a 7 year life of the tax lien.
-County Held certificates have the full 18% interest

There are different ways to invest in real estate. Some people prefer to invest in single family homes, while some prefer multi-family homes or apartment buildings and some may even prefer commercial buildings.

However there is a type of real estate investment that has the best bargains and yet

remains the least known and understood in the industry. It is tax lien investing. There are some investors who have made millions by specialising on only tax lien investment.

A tax lien is made possible when a real estate owner had not been paying taxes on his real estate. This could be due to several reasons.

Abandoned properties
The owner had passed away
There are several years of unpaid taxes

is tax deeds better to start out or tax leans ?

I am as new as they come. I have a potential deal. A woman has about 47k worth of debt on her home in taxes. She's willing to let it go for that amount. I believe the ARV is somewhere around 150k. At the moment its MV is 126K. The house needs to be gutted. Her words. I'm putting about 40k for that type of work, but still I'm not sure of that either. Could you please help me?

One reason you might consider investing in rental properties is to save money on federal income taxes. While this may be true, you should fully understand how rental properties and taxes work in order to determine whether you will save money from your rental property ownership.

House-on-tax-forms-300x199.jpgIf you’re already an investment property owner or are thinking about becoming a landlord, here’s a refresher on how the depreciation expense could help you maximize your tax savings.

The basics

Tax liens are a great way for an investor with little money to get in to the real estate market. I often encourage a new student to buy a few liens so that they can start putting dollars to work quickly. The returns are very good, usually between 12% to 18%, and the redemption periods are often two years or less.

Where do I start? First of all, you need to find out if the state you are interested in sells tax liens. Some states only sell deeds. (That discussion is for another day.) You then contact the county that you are interested in buing a lien. The office you want to contact is often called the Tax Collector. Find out where a list can be found in order to look at available liens. You will usually make your purchase through this office.

Anyone who owns property must pay some sort of real estate tax to the government. These taxes in turn fund numerous services, including hospitals, schools, law enforcement, road construction, parks and playgrounds. But, what happens if a real estate owner stops paying taxes? How does the county government recover this money to fund these types of services?

Hi,
I am interested to learn more and invest in tax liens. How does one start when living in Canada?
Is there a system or company one can join?
Thanks
Jason

I have included some of the most common questions that I get on Legal Descriptions as it relates to the abbreviations that you will find in the county description.
I have included a document that will go over the most common ones.

Arkansas has been what I consider a hidden gem for deed auctions for quite a while.
In the past you had three different types of Deed properties you could bid on that had varying base prices, and times for the owner to be able to redeem.
That has all changed....If you go to www.cosl.org, you will be presented with a few options.
For online bidding you will want to go through the following steps.
Real Estate >> Post Auction Sales List. From this spot you choose from a drop down list the county that you would like to look at their inventory.
You will have the option of looking at the properties online, through a download of PDF or Spreadsheet.