Purchase Viagra

Buying Tax Liens

Today and for the next few weeks, I want to focus on some revenue streams for real estate investors.    There are many ways to make money in real estate besides buying, renting, and selling houses and real estate.    Today, I want to focus on purchase tax liens.   Let me qualify what I say as I begin by saying that I have never purchased tax liens though I have been to a tax auction and do not consider myself an expert in that real of real estate investing.

As I am sure you know,  all government enitities levy taxes against their citizens.  These tax monies are then used to pay for community infrastructure (e.g. roads, parks, water lines, etc.)… schools… and social programs (e.g. food stamps, etc.)     One of the ways that the government receives tax money is levying taxes on real estate.   When taxes are not paid on real estate, the government has the right to seize the property.  (As an aside, my Dad was a city tax collector for 7 years many years ago and I can recall him doing that.)    Though the way that delinquent property taxes is dealt with differs from state to state, one of the ways that some states is deal with  delinquent property taxes is through having a tax sale.   At this sale,  the audience have the chance to pay the taxes on the property to the government.  In return for paying the taxes, the successful buyer receives interest that is paid by the property owner once they finally pay the taxes.

The counties of the state of South Carolina have delinquent tax sales usually once a year.   (You can check out the website of counties for more information.)    At the tax sale, the person that bids the highest amount for the taxes due pays the taxes to the government enity.  The property owner has up to one year to pay the property taxes.  The amount of interest they pay depends on when they pay the property taxes during that year.  If they wait to 9 to 12 months after the sale, they will have pay 12% in interest.  Though in South Carolina you do not have access to the real estate during that period,  you do receive up to 12% interest on the money you have paid for the taxes.   This is a good, safe investment for real estate investors to invest their money.    There is one caution, however, to real estate investors:  make sure you do “due deligience” on the property you will seek to pay taxes on.   

On the internet, there are a number of web sites that will give you more information.  You can also check with your local county tax office for more information.  Happy buying and selling.--  Randy Wall, Lora Lee Properties 

  • Darrellwroft

    Posted at 2019-09-21 18:51:48

    Thanks a lot. Loads of info!

    my canadian pharmacy
    viagra canada
    canadian pharmacy online canada
    canadian pharcharmy online
    health canada drug database - http://canadianpharmacyntv.com/

    Reply to comment

  • chung cu phan rang

    Posted at 2019-09-21 18:51:35

    Right now it sounds like BlogEngine is the top blogging platform out there right now.

    (from what I've read) Is that what you are using on your blog?

    Reply to comment

  • best website builder

    Posted at 2019-09-21 18:50:38

    Whats up very nice web site!! Man .. Excellent ..
    Amazing .. I will bookmark your site and take the feeds also?

    I am glad to search out so many useful info here in the post, we want work out extra strategies in this regard, thanks for sharing.

    . . . . .

    Reply to comment

  • computer store near me

    Posted at 2019-09-21 18:50:02

    I am sure this post has touched all the internet
    users, its really really good article on building up new website.

    Reply to comment

  • computer repair shop

    Posted at 2019-09-21 18:47:45

    Hi everyone, it's my first visit at this web page, and post is in fact fruitful designed for me, keep up posting these types of articles
    or reviews.

    Reply to comment

  • CharlesPrics

    Posted at 2019-09-21 18:47:36

    does generic prozac cause weight gain
    albuterol sulfate hfa 108 90 base mcg/act price
    daily suppresion herpes valtrex dose
    orlistat 60 mg reviews
    mg per kg cephalexin
    generic propecia (finasteride)
    xenical for weight loss
    synthroid withdrawal symptoms
    lisinopril and dopa macuna
    is amoxicillin safe for sulfa allergies
    least expensive viagra that requires a prescription
    kamagra 100 mg uputstvo
    what is acyclovir used for?
    prednisone before 9am
    generic viagra and losartan interaction

    Reply to comment

  • Georgekex

    Posted at 2019-09-21 18:46:44

    You said it perfectly.!

    can i take cialis while on blood pressure medication
    cialis e acufene
    que es mas potente viagra o cialis
    cialis online

    Reply to comment

  • info judi

    Posted at 2019-09-21 18:46:02

    Wow that was strange. I just wrote an really long comment but
    after I clicked submit my comment didn't show up. Grrrr...

    well I'm not writing all that over again. Regardless, just wanted to say
    wonderful blog!

    Reply to comment

  • Fesgoopstok

    Posted at 2019-09-21 18:45:45

    xsb free casino games no download xrv free casino games
    njp igt free slots

    Reply to comment

  • info judi

    Posted at 2019-09-21 18:45:29

    Wow that was strange. I just wrote an really long comment but
    after I clicked submit my comment didn't show up. Grrrr...

    well I'm not writing all that over again. Regardless, just wanted to say
    wonderful blog!

    Reply to comment