Tax Sale Solutions Acquires American Wealth Strategies
Tax Sale Solutions is proud to announce the launch of American Wealth Strategies LLC. Tax Lien investor training will always be at the heart of our fulfillment operations, but we are expanding our services to include Real Estate training and more. Acquiring wealth and growing any business requires more than just training. We firmly believe that making money is more about your mindset than your start up capital. We've seen students with every possible resource at their disposal fail because they lacked the mindset necessary for success. On the other hand, we 've watched students with the odds stacked against them succeed based on mindset alone. There are no shortcuts on the road to success. Wealth is something that must be earned by all who seek it. Wealth is also more than the total of one's assets. Wealth is as much about your habits and beliefs as it is about money. We wish to help those who are seeking true wealth, and not just money.
Self Directed IRA's and 401K's for returns of 15-25% with Tax Liens i 3
After working with thousands of tax lien and deed investors we
have noticed an increase in the students that would like to use
their retirement savings for investments. These students have the
motivation and desire to invest in the lucrative world of tax liens and
deeds, but may not have the initial capital to get started. Many of
these students simply want to increase their investment portfolio and
are tired of seeing minimal returns, and in some cases, losses.
Many students have money sitting in a 401K, 403B or a Tax Sheltered
Annuity generating a very limited return. They may have even set
up an IRA, but are not getting the full benefits and the returns they
desire. To understand how this works it is vital to first understand
what an IRA is and how it works:
IRA stands for Individual Retirement Account. A traditional IRA account is a tax deferred
account for personal retirement funds. The IRA account can grow tax deferred until withdrawn. IRA’s can be established for a tax yea401k can be transferred to a self directed account, but when done correctly it puts you in the financial driver’s seat.
There are many companies that set up these accounts. We don’t
recommend one over the other. You can find them through an internet
search engine or by calling the Tax Lien Hotline. We will give you a list
of companies that our students have previously worked with. Whatever
company you choose to set up your self directed IRA with will have
similar processes and requirements. We recommend checking into
several different companies to find the best rate and the company that
is easiest to work with. They will help you set up your account and
give you the guidelines pertaining to investing. You will also be given
a Tax Id number that will be connected to you IRA account.
"What Forms and Information will be required before
Investing?"
It depends on the custodian you are working with but most will ask for
the following:
• General account info, name, address, Tax ID number, etc.
• Description of the lien or deed.
• Amount of funds needed.
• Which county to make the check to.
• How funds are to be remitted.
have noticed an increase in the students that would like to use
their retirement savings for investments. These students have the
motivation and desire to invest in the lucrative world of tax liens and
deeds, but may not have the initial capital to get started. Many of
these students simply want to increase their investment portfolio and
are tired of seeing minimal returns, and in some cases, losses.
Many students have money sitting in a 401K, 403B or a Tax Sheltered
Annuity generating a very limited return. They may have even set
up an IRA, but are not getting the full benefits and the returns they
desire. To understand how this works it is vital to first understand
what an IRA is and how it works:
IRA stands for Individual Retirement Account. A traditional IRA account is a tax deferred
account for personal retirement funds. The IRA account can grow tax deferred until withdrawn. IRA’s can be established for a tax yea401k can be transferred to a self directed account, but when done correctly it puts you in the financial driver’s seat.
There are many companies that set up these accounts. We don’t
recommend one over the other. You can find them through an internet
search engine or by calling the Tax Lien Hotline. We will give you a list
of companies that our students have previously worked with. Whatever
company you choose to set up your self directed IRA with will have
similar processes and requirements. We recommend checking into
several different companies to find the best rate and the company that
is easiest to work with. They will help you set up your account and
give you the guidelines pertaining to investing. You will also be given
a Tax Id number that will be connected to you IRA account.
"What Forms and Information will be required before
Investing?"
It depends on the custodian you are working with but most will ask for
the following:
• General account info, name, address, Tax ID number, etc.
• Description of the lien or deed.
• Amount of funds needed.
• Which county to make the check to.
• How funds are to be remitted.
The History of Tax Liens and Deeds
It is widely known that the forefathers of this country made the treacherous journey to American
to escape the government rule of several European countries. Along with religious freedom, they sought to escape a tax system that provided taxpayers with very little protection. In England three hundred years ago, a property owner that was delinquent in paying their property taxes would most likely lose the property altogether. People were thrown into jail for not paying their taxes all of the time. Our current tax system was implemented early in the history of the country. The system’s objective was to enforce property taxes in an effective manner while still offering property owners a fair chance to settle their debts.
Today property owners are given a grace period following the date taxes are due. This grace period is referred to as the redemption period, or time in which the property owner may redeem all property rights and remove the impending lien. The duration of the grace period is set by state statute, and ranges from 3 months to 4 years. Most property owners have three to five years without paying their property taxes before losing a property.
The Tax Lien and Deed systems in use today are a testament to the great thought and planning that went into the fair collection of property taxes. They were determined not to repeat their past experiences with taxation without representation.
Today, property owners enjoy the peace of mind that if they are late paying their property taxes they won't be sent immediately to jail or lose their property to Foreclosure.
to escape the government rule of several European countries. Along with religious freedom, they sought to escape a tax system that provided taxpayers with very little protection. In England three hundred years ago, a property owner that was delinquent in paying their property taxes would most likely lose the property altogether. People were thrown into jail for not paying their taxes all of the time. Our current tax system was implemented early in the history of the country. The system’s objective was to enforce property taxes in an effective manner while still offering property owners a fair chance to settle their debts.
Today property owners are given a grace period following the date taxes are due. This grace period is referred to as the redemption period, or time in which the property owner may redeem all property rights and remove the impending lien. The duration of the grace period is set by state statute, and ranges from 3 months to 4 years. Most property owners have three to five years without paying their property taxes before losing a property.
The Tax Lien and Deed systems in use today are a testament to the great thought and planning that went into the fair collection of property taxes. They were determined not to repeat their past experiences with taxation without representation.
Today, property owners enjoy the peace of mind that if they are late paying their property taxes they won't be sent immediately to jail or lose their property to Foreclosure.
The New Foreclosure Opportunity
Foreclosures have been hot topic for real estate investors for years and they’re typically the first place new real estate investors look when they wish to get started. With so much publicity and competition is it still possible to make money investing in Foreclosures? The short answer is an emphatic “YES”. There will always be money in Real Estate Foreclosures.
This is important because it is the basis for one of the best real estate opportunities on the market today. Imagine the opportunity to foreclose on tens of thousands of properties for less than 20% of their market value. Imagine a wealth of opportunities held back by their location and accessibility.
Tax Lien Foreclosures
Counties need a source of revenue. The number of services the county government provides might surprise you. Services such as Police and Fire Departments, public education, road construction and maintenance, and the county government itself. Property taxes are the county’s primary source of revenue. We’ve established the importance of the services the county provides with these funds, as well as the steady funding most of them require. The county must have a way of enforcing property taxes. Consider the effects delinquent property taxes could have if not collected.
Depending on the size and population of any given city annual expenditures are likely to be in the millions or billions of dollars. Each state government has statutes and laws regarding the collection of property taxes.
Property Taxes are enforced through Tax Liens and Tax Deeds. A tax lien is a claim made by the County Government against a property within county boundaries due to delinquent property taxes. This claim prevents the property from being sold until the delinquent taxes have been paid. The lien itself is sold at public auction to local investors.
Is it possible to pay your taxes late and not pay some kind of penalty?
Delinquent taxes always have some kind of penalty attached to them. The individuals that purchase tax liens are guaranteed a set rate of return when they purchase the lien. In order to remove the impending lien against his or her property, the property owner must pay all delinquent taxes, penalties and fees.
Upon receiving payment in full the county will cut a check to the lien holder for their initial investment plus the total rate of return accrued to that point. It benefits counties to sell as many liens and deeds as possible. Many counties have had no choice but to sell liens and deeds directly to the public following the sale due to a low turn out for the annual tax sales. It’s not uncommon for counties to have more than 5000 liens or deeds available for a sale, but begin the bidding with less than 20 bidders in the room. In the past there have been far more delinquent taxes than investors in attendance to purchase them in many counties.
This has created a back log of liens which have sat on the books for years. The Redemption period for a lien begins on the day the lien is offered at the annual sale, whether the lien sells or not. This means that liens can be purchased directly from the county with a shorter redemption period than the county's standard time. It's actually possible in many counties to purchase liens that are beyond the redemption period and eligible for Foreclosure immediately after being purchased.
What does all of this mean?
The internet has made small counties just as accessible as large counties, regardless of location. There are literally thousands of opportunities to Foreclosure on properties that are eligible for foreclosure right now.
This is important because it is the basis for one of the best real estate opportunities on the market today. Imagine the opportunity to foreclose on tens of thousands of properties for less than 20% of their market value. Imagine a wealth of opportunities held back by their location and accessibility.
Tax Lien Foreclosures
Counties need a source of revenue. The number of services the county government provides might surprise you. Services such as Police and Fire Departments, public education, road construction and maintenance, and the county government itself. Property taxes are the county’s primary source of revenue. We’ve established the importance of the services the county provides with these funds, as well as the steady funding most of them require. The county must have a way of enforcing property taxes. Consider the effects delinquent property taxes could have if not collected.
Depending on the size and population of any given city annual expenditures are likely to be in the millions or billions of dollars. Each state government has statutes and laws regarding the collection of property taxes.
Property Taxes are enforced through Tax Liens and Tax Deeds. A tax lien is a claim made by the County Government against a property within county boundaries due to delinquent property taxes. This claim prevents the property from being sold until the delinquent taxes have been paid. The lien itself is sold at public auction to local investors.
Is it possible to pay your taxes late and not pay some kind of penalty?
Delinquent taxes always have some kind of penalty attached to them. The individuals that purchase tax liens are guaranteed a set rate of return when they purchase the lien. In order to remove the impending lien against his or her property, the property owner must pay all delinquent taxes, penalties and fees.
Upon receiving payment in full the county will cut a check to the lien holder for their initial investment plus the total rate of return accrued to that point. It benefits counties to sell as many liens and deeds as possible. Many counties have had no choice but to sell liens and deeds directly to the public following the sale due to a low turn out for the annual tax sales. It’s not uncommon for counties to have more than 5000 liens or deeds available for a sale, but begin the bidding with less than 20 bidders in the room. In the past there have been far more delinquent taxes than investors in attendance to purchase them in many counties.
This has created a back log of liens which have sat on the books for years. The Redemption period for a lien begins on the day the lien is offered at the annual sale, whether the lien sells or not. This means that liens can be purchased directly from the county with a shorter redemption period than the county's standard time. It's actually possible in many counties to purchase liens that are beyond the redemption period and eligible for Foreclosure immediately after being purchased.
What does all of this mean?
The internet has made small counties just as accessible as large counties, regardless of location. There are literally thousands of opportunities to Foreclosure on properties that are eligible for foreclosure right now.
Earning a high rate of return with Tax Lien investing
Investing in Tax Liens to earn a high rate of return is perhaps the easiest strategy to pursue safely. The core concept to keep in mind is that no one wants to lose money or property. The higher the value, the less likely the property owner is to allow the property to be foreclosed on. The security of your investment is directly related to the value of the property the lien has been placed against. Who in their right mind would allow a property to be lost to foreclosure because of $4000 worth of delinquent property taxes?
What if the property has a mortgage? Financial lenders would be the last to knowingly allow a property to go to foreclosure. If a property goes to foreclosure, they lose any collateral they had on the mortgage loan they issued. Without the property the lender stands little chance of having the loan paid off. If they have been unaware of the debt throughout the redemption period, it will be brought to their attention when the foreclosure process begins. Foreclosure involves a time in which all parties with a vested interest in the property are notified about the outstanding debt.
For more free training go to http://secretsoftaxlieninvesting.com/
What if the property has a mortgage? Financial lenders would be the last to knowingly allow a property to go to foreclosure. If a property goes to foreclosure, they lose any collateral they had on the mortgage loan they issued. Without the property the lender stands little chance of having the loan paid off. If they have been unaware of the debt throughout the redemption period, it will be brought to their attention when the foreclosure process begins. Foreclosure involves a time in which all parties with a vested interest in the property are notified about the outstanding debt.
For more free training go to http://secretsoftaxlieninvesting.com/
Download your FREE Tax Lien ebook: http://secretsoftaxlieninvesting.com/
One aspect of Tax Lien investing that many investors are not familiar with is how the redemption period passes on liens that weren’t bought at the auction. The redemption period on a Tax Lien is the time a property owner has to pay the delinquent amount before the lien holder can exercise foreclosure rights. The redemption period in most counties ranges from 6 months to 4 years. This means that if you buy a lien from the county auction, the redemption period is the time in which the property owner can pay the delinquent taxes to have the lien removed. If the property fails to pay, the lien that you hold gives you the right to initiate the foreclosure process. The redemption period on a Tax Lien continues to pass whether the lien is bought at the sale or not. Why is this important? Because it is possible to buy liens directly from the county that are already eligible for foreclosure. Never before have there been so many opportunities for Tax Lien investors. The internet has revolutionized Tax Lien investing. What used to require extensive travel and onsite research in county records offices can now be done in just a few minutes online. You’re getting started at what is the most opportunity rich period of time in American history.
One aspect of Tax Lien investing that many investors are not familiar with is how the redemption period passes on liens that weren’t bought at the auction. The redemption period on a Tax Lien is the time a property owner has to pay the delinquent amount before the lien holder can exercise foreclosure rights. The redemption period in most counties ranges from 6 months to 4 years. This means that if you buy a lien from the county auction, the redemption period is the time in which the property owner can pay the delinquent taxes to have the lien removed. If the property fails to pay, the lien that you hold gives you the right to initiate the foreclosure process. The redemption period on a Tax Lien continues to pass whether the lien is bought at the sale or not. Why is this important? Because it is possible to buy liens directly from the county that are already eligible for foreclosure. Never before have there been so many opportunities for Tax Lien investors. The internet has revolutionized Tax Lien investing. What used to require extensive travel and onsite research in county records offices can now be done in just a few minutes online. You’re getting started at what is the most opportunity rich period of time in American history.
Over the Counter Tax Lien Investing
http://secretsoftaxlieninvesting.com/
Tax liens can generate higher returns than almost any other secured investment. Tax liens can generate returns between 8 and 24 percent per year with minimal risks. Many states allow you to purchase tax liens directly from the county. This is often referred to a“over the counter” investing. Over the counter investing allows you to conduct research from the comfort of your home. It also provides you with the necessary time to conduct the proper due diligence and research.
Over the Counter Tax Lien investing is ideal for the investor that would like to work from home. It also creates additional opportunities for investors to purchase liens that are nearing or past the set redemption period. You could completely focus your efforts on property acquisition through Over the Counter Tax Liens. You could also buy Over Counter liens to make a high rate of return. The most likely outcome for a lien depends on which property the lien has been placed against. Some have a higher likelihood of redeeming while others have a better chance of going to foreclosure.
Click Here for a FREE Tax Lien ebook!
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