Tax Liens or Redeemable Tax Deeds – 7 Steps to Profit

Earning double digit returns or more on your tax liens or redeemable tax deeds may seem like an unattainable or “far away” goal. I’m hoping this article will inspire you, and show you that you really can do it.

The two big ingredients besides the start up cash you need to hit any investment goal are time and knowledge (know how).

Knowledge so you know the rules and procedures to follow that will make you money, while avoiding pitfalls and mistakes that could cost you money or time. There a couple of ways to gain the knowledge you need to profit from tax liens and redeemable tax deeds. You could learn from the school of hard knocks – just jump in, start doing it and learn from mistakes that you make along the way. This is what I did, And I can tell you that it’s costly. Continue reading

Posted in redeemable tax deeds | Tagged | Comments Off on Tax Liens or Redeemable Tax Deeds – 7 Steps to Profit

In Honor of Saint Valentine’s Day

Who was Saint Valentine?

How did Saint Valentine’s Day start and who was Saint Valentine? Saint Valentine was a real person, maybe even more than one person, who lived in the 3rd century and who’s death is celebrated on February 14. But what has that got to do with lovers, hearts and cupid? Well it doesn’t have anything to do with cupid, but here is where some of our St. Valentine’s Day traditions come from…

The stories that we have of St. Valentine, may be stories of the same person of 2 different clergymen that were both martyred  and buried along the Via Flaminia to the North of Rome sometime between 269 and 280 AD. Saint Valentine was imprisoned for performing Christian weddings and for aiding persecuted Christians. He was tolerated and even liked by emperor Claudius until he tried to convert the emperor and his household to Christianity. He was then sentenced to execution by being beaten with clubs, then stoned and finally beheaded.

Where did Saint Valentine’s Day Cards Originate?

At one point in his ministry, Valentine, the former bishop of Terni, a town of Umbria in central Italy was under house arrest with judge Asterius, who’s daughter Julia was blind. When Saint Valentine restored the sight of the judge’s daughter, he and his household were converted to Christianity. Later when Valentine was condemned to death by Claudius II, before his death, it is said that he left a note to Julia and signed it “Your Valentine.”

Another account of Saint Valentine maintains that he was a priest who secretly performed Christian weddings and that he was known to cut hearts out of parchment and give them to soldiers and persecuted Christians to remind them of God’s love. This could be where we get the tradition of sending hearts and heart shaped gifts on Valentine’s Day.

“St. Valentine is the Patron Saint of affianced couples, bee keepers, engaged couples, epilepsy, fainting, greetings, happy marriages, love, lovers, plague, travelers, and young people. He is represented in pictures with birds and roses and his feast day is celebrated on February 14.”

Source: https://www.catholic.org/saints/saint.php?saint_id=159 

In Honor of St. Valentine and Other Who Are Martyred For Their Faith

You may think that the story of St. Valentine’s death is a brutal one and things like this only happened in the early days of Christianity. If so, you’d be wrong. There are more Christian martyrs today than in any time in history. According to Help The Persecuted (http://htp.org) 245 Million people around the world are in danger of being persecuted because of their belief in Jesus, and every 6 minutes a Christian is killed. They have a 3 minute video on their website and on YouTube where you can learn more and see what they do to help.

Another one of my favorite charities that serves persecuted Christians world wide is Voice of the Martyrs (www.persecution.com). The Voice of the Martyrs is a nonprofit, interdenominational Christian missions organization founded in 1967 by Pastor Richard Wurmbrand, who was imprisoned for 14 years in Communist Romania for his faith in Christ. You can read his story in Wurmbrand: Tortured For Christ the Complete Story.

In honor of Saint Valentine and persecuted Christians today, For the rest of this month, I’m offering a my Tax Lien Investing Basics course – a $297 value, for free to anyone who contributes at least $20 to either of these organizations. Already have my Tax Lien Investing Basics course? I’ll give you a $297 credit to any of my other courses! Just send me your receipt after you donate at least $20 to either Help The Persecuted or The Voice of the Martyrs.

So send a little love this Valentine’s Day to persecuted Christians around the world and get a free access to my Tax Lien Investing Basics Course or a $297 credit to one of my other courses!!

Posted in special interest | Comments Off on In Honor of Saint Valentine’s Day

Texas Tax Sales – Answers to Your Questions

Have questions about Taxes Tax Sales? Here’s the answer to a couple of questions about Texas tax sales that I got a few years ago. These are questions that I frequently get and the answers to these questions are still relevant today…

Questions:

I am going to my first auction in Texas.

  1. If I win a bid, when can I move into the house?
  2. What other liens- IRS, creditors have priority over tax liens?
  3. How do I find out if any of these liens are in place?

Answer to Texas Tax Sale Question #1:

At Texas tax sales, the winning bidder purchases a redeemable deed and is considered the owner of the property once the deed is recorded. The previous owner has a right of redemption which can be either 6 months or 2 years, depending on whether the property is homesteaded or not. The redemption period starts once the deed is recorded, so you’ll want to record it right away. You may have to evict whoever is living in the house before you can move in. Also you have to keep in mind that the previous owner can redeem at any time during the redemption period.

Answer to Texas Tax Sale Question #2:

IRS liens do survive a tax sale and you should read the rules of the sale carefully to find out what other liens my survive. If the rules of the sale are not published or do not specify which liens survive the tax sale, you can look at the state statutes for tax sales or ask the county treasurer or the attorney. Many of the tax sales in Texas are handled by a law office.

Answer to Texas Tax Sale Question #3:

You can find out about liens and judgments on tax sale properties by searching the public records. Many counties in Texas do provide a free online public records website where you can search for liens. The IRS has 120 days to redeem a property that has been sold at a tax sale, so they could come and redeem the property up to 4 months after you purchase it at the tax sale. If they do you will get your investment back plus 6%. The IRS would probably not want to spend a large amount of money to redeem a property for if they only have a small lien against it. But you might want to avoid bidding on deeds that have large IRS liens or judgments against them.

 

Posted in Answering Questions, redeemable tax deeds | Tagged , | Comments Off on Texas Tax Sales – Answers to Your Questions

Making Tax Deed Sales in Texas Easier!

Tax Lien Lady and the Tax Deed Dude

Our next Wealth Building Webinar “Making Tax Deed Sales in Texas Easier,” with my good friend Arnie Abramson, fondly known as the Tax Deed Dude, is coming up this Wednesday, February 12!

Arnie is a tax deed investing agent in Texas. Although he has invested in tax liens in some other states, he is THE EXPERT on tax deed sales in Texas. His company, Texas Tax Sale Resources, has been around for a long time.

He has been a guest at my live conferences that I’ve done in the past and we’ve done a few webinars together. Each time he brings to the table the latest tax sale news from his home state, Texas. His company keeps changing to keep up with the times and I think you’ll be surprised at what they’re doing now!

Tune in to our webinar Wednesday night at 8:30 pm Eastern time/ 7:30 Central to find out the latest tax sale news for the most profitable redeemable deed state! You can register and come to the live training at no cost HERE.

Here’s what you’ll learn on our next “Texas Tax Sales Made Easier” Wealth Building Webinar…

  • What Makes Texas Tax Deed Sales Special
  • How the Texas Tax Sale Process Works
  • How to Make it Easier
  • What are the Challenges and How to Overcome Them
  • Ways You Can Participate

Wealth Building Webinars

The Webinar is free for all to attend live, but the recording will only be made available to members of the Wealth Building Webinar series. You can find out more about Wealth Building Webinars at http://WealthBuildingWebinars.com.

Posted in redeemable tax deeds, Tax Deed Investing, tax sales, Wealth Building, Webinar | Comments Off on Making Tax Deed Sales in Texas Easier!

Get Ready for the Arizona Online Tax Sales!

Arizona online tax lien salesIf you’ve been wanting to invest in tax liens, right now is the time to start, because registration and bidding for the Arizona online tax sales start in January. But don’t bid at these tax sale auctions until you get some education…

Why? Because you can lose money with Arizona tax liens if you don’t know what you’re doing! That’s right! You can lose money in the Arizona tax sales if you don’t do it right, and that’s where I can help! Continue reading

Posted in Online Investing, Tax Lien Investing | Comments Off on Get Ready for the Arizona Online Tax Sales!