Robert Kiyosaki Tax Lien Investing

What Does Tax Lien Investing Mean

Spending in tax obligation liens through purchases at a tax lien sale is simply that-a financial investment. All Tax Obligation Sales in Colorado are performed per CRS 39-11-101 thru 39-12-113 Adhering to the tax lien sale, effective bidders will certainly obtain a copy of the tax obligation lien certification of purchase for each residential property. Spending in tax obligation liens through acquisition at the tax obligation lien sale is simply that, an investment.

Tax Lien Investing Reddit

When a homeowner drops behind in paying residential property tax obligations, the county or district may place tax obligation lien against the home. Instead of waiting for repayment of taxes, governments often choose to offer tax obligation lien certifications to private investors. Your income from a tax obligation lien financial investment will come from one of two resources: Either passion settlements and late costs paid by property owners, or foreclosure on the residential or commercial property often for as little as pennies on the dollar.