The ABCs of Tax Lien Investing


Are you interested in the profitability of 6 percent to 50 percent on your money, secured by a property tax lien against property?

Author Joel S. Moskowitz explains how investors can buy little-known tax lien certificates that pay high yields in his book, "16 percent solution"

As a bonus, although the author warns it rarely happens, the investor can get kicky and foreclose on the property. However, he warns that the property owners, as a rule, the redemption, so investors must be satisfied with only high yields.

What is a Tax Lien Certificate?

If the property owner does not pay taxes on the property, 27 countries and one thousand one hundred fifty-two cities and counties sell certificates of tax liens to investors. The government immediately receives property tax money. The investor buys a tax lien, which is then secured by real estate.

It gives evidence of a tax lien Var & # 39; iruetstsa depending on the state. The maximum rate in Arizona is 16 percent, FL pay as much as 18 percent, and in Michigan, the rate reaches 50 per cent in the second year. If the property owner does not redeem the property from the investor by paying the back taxes plus high interest rates, the investor receives the title and ownership of property.

New investors can start small, perhaps, invest a few hundred or a few thousand dollars, and then buy more certificates of property tax lien later. Despite the fact that that not all states are smart enough to offer tax certificates to expedite the collection of taxes, after reading this book, they know why they should.

At the time of this writing, the government is currently offering tax certificates include Alabama, Arizona, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nebraska, New Hampshire, New York New Jersey, New York, North Dakota, Oklahoma, Rhode Island, South Carolina, South Dakota, Vermont, West Virginia and Wyoming.

outstanding books app lists the interest rate and the procedure of the state from the state. For real estate investors who want to get high yields without the physical asset management, this new book shows how to do it. It also explains a few pitfalls to avoid and how to buy the best die certificates with the highest profit opportunities.

On my scale of one to 10, this is an excellent book rates a solid 10.