This is part of an e-mail that I received a couple of weeks ago from the Alachua County tax collector:
“…In keeping with the recommendations of the Florida Tax Collectors Association, please be advised that effective for the 2012 Tax Certificate Sale, the Alachua County Tax Collector will suspend the use of sub-account subordinate to a master or primary account.
We feel this policy is necessary in order to ensure the integrity and fairness of the registration and bidding process at the tax certificate sale.”
And I have received similar messages from other Florida tax collectors. This is really good news for the tax lien investor as it levels the playing field and gives individual investors the same opportunity to win bids as the institutional investors, at least in the Florida tax lien sales.
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