Investment tax lien over the counter

The unique investment opportunities offered by the United States government tax writing systems are not exclusive to residents of the United States. An over-the-counter system facilitates mail-order purchases, and as technology has evolved, the Internet has become another option for purchasing tax deeds. There are no restrictions on who can participate in these sales; If you have a registered social security number or tax payment identification number, you can purchase US tax deeds from anywhere in the world. A tax payment identification number is easy to obtain. It is used on the United States W-9 tax form, which is required for all independent contractors.

The earning potential as an investor in tax deeds is astronomical; however, it involves a much greater degree of liability than tax lien sales. This is especially true if you live abroad and cannot visit the United States to see the property you are buying. Investing at a distance should not be the same as investing blind. Now is the time to discover your inner Sherlock Holmes. Contact the counties where you can bid and ask for any free information they can provide. If possible, have them email or fax inventories, appraisal histories, etc., for you to review. Make sure no tax bonds remain active on the property after you have purchased the deed. It is difficult for any new investor to manage real estate, but being embroiled in a legal battle over property that a lien took away a percentage of is terribly frustrating. This is the last thing you want to have to manage from across national borders.

Sales of tax liens in the US

If you are wary of managing real estate from thousands of miles away, consider tax lien sales rather than tax deed sales. Tax ties rarely end in the acquisition of real estate. Odds are about 1 in 250. Typically, the owner redeems the property and you receive a check for your investment plus interest. This is a great way to develop your investment skills and gradually become familiar with real estate entrepreneurship.

If the opportunity to travel to the United States ever arises, whether for business or pleasure, check out a live auction if your schedule allows. This will instill in you a whole new understanding of tax deed and lien sales in the US, giving you a diversity of knowledge that you cannot master behind a computer screen. You can also network with other investors; Imagine the possibilities of a coalition between you and a local investor. Explore all the rich opportunities of US tax writing and link auctions and begin your journey to success and wealth as an investor today.