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A Crash Course in Tax Lien & Deed Investing (and My Love/Hate Relationship With Both)

by Seth Williams

If you’re experienced in the real estate trade, you’ve probably heard the occasional reference to Tax Lien and Tax Deed Investing before.

It’s a niche that has the potential to be insanely profitable and it has provided a lot of big breaks for investors around the country. It’s a solid, time-tested approach that has made a lot of money for a lot of people, but I still have my issues with it (and we’ll get to that a bit later :).

I’ve found that most investors don’t have a very thorough understanding of how this investing strategy works (it even took me a few years to figure it out), so I want to give you a basic overview of what’s going on in this realm, how the mechanics work, and most importantly – I want

you to see the merits behind this approach and why it’s a major opportunity to cash in on a TON of free real estate equity. With any luck, I think you’ll start to see what all the excitement is about.

The Basics: Tax Delinquency & Foreclosure

As any property owner can tell you – every piece of real estate in the United States is subject to property taxes. If you own real estate, you’ll be expected to pay these property taxes each year. If you fail to pay these taxes, your property will become “tax delinquent”, which means it has started down a path that will eventually lead to tax foreclosure (i.e. – your property will be seized and repossessed by the county or municipality) IF you fail to pay these taxes current within the required time frame.

Category: Taxes

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