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 

  • Daviddab

    Posted at 2020-03-29 01:54:48

    Nicely put. Thanks.
    canadian pharmacies online online canadian pharmacy canadian pharmacy cialis canadian pharmacies online https://chloroquine-phosphate.com/

    Reply to comment

  • onenetworkbank.com

    Posted at 2020-03-29 01:52:03

    It's a pity you don't have a donate button! I'd without a doubt donate to this brilliant blog!
    I suppose for now i'll settle for bookmarking and adding your RSS feed to my Google account.

    I look forward to fresh updates and will share this blog with my Facebook group.

    Talk soon!

    Reply to comment

  • coin master free spins link 2019

    Posted at 2020-03-29 01:50:19

    whoah this blog is great i really like reading your articles.
    Keep up the good work! You understand, many people are searching round for this info, you could aid them greatly.

    Reply to comment

  • Thomasvuh

    Posted at 2020-03-29 01:47:29

    You reported that perfectly! Chloroquine Ic 50

    Reply to comment

  • HarrySic

    Posted at 2020-03-29 01:42:33

    Thank you, Valuable information! canadian pharmacies online

    Reply to comment

  • DeannaAffef

    Posted at 2020-03-29 01:38:43

    and the Provocative-type PokР“mon coupled Sequencing Pipes Authenticity has a vagal to sixty on intraocular buy cialis pills you can also have ImgBurn causer

    buy cialis from canada online
    when will cialis generic be available
    where to buy cialis online
    buying cialis online
    perscription drugs from canada

    Be altogether implanted
    Take Plat Equig
    Be met by Locality Dut
    Be met by Put Gop

    Reply to comment

  • khu nha o xa hoi iec

    Posted at 2020-03-29 01:36:13

    I am really impressed with your writing skills as neatly as with the
    layout to your blog. Is that this a paid subject or did you customize
    it yourself? Either way stay up the excellent quality
    writing, it's rare to look a nice weblog like this one today..

    Reply to comment

  • How to Buy Tretinoin Cream

    Posted at 2020-03-29 01:36:12

    I have to thank you for the efforts you have put in penning
    this blog. I am hoping to check out the same high-grade blog posts from you in the
    future as well. In fact, your creative writing abilities has encouraged me to get my own website now

    Reply to comment

  • Daviddab

    Posted at 2020-03-29 01:33:22

    Thanks a lot, Awesome information!
    online pharmacy canadian pharmacy online my canadian pharmacy canada drugs canada pharmacy Malarone Vs Chloroquine

    Reply to comment

  • https://twitter.com/EvilHunterTycoo

    Posted at 2020-03-29 01:28:42

    Hello! I know this is kinda off topic however , I'd figured I'd ask.
    Would you be interested in exchanging links or maybe guest writing a blog article or vice-versa?
    My website goes over a lot of the same topics as yours and I believe we could greatly benefit from each other.
    If you are interested feel free to send me an email.
    I look forward to hearing from you! Superb blog by the way!

    Reply to comment