There are some occasion when, even if you have wanted to pay your taxes on time, you just can’t do it because you need to pay attention to more pressing matters. Whatever the reasons maybe, you can delay payment by filing for a tax extension which simply give you more time to file but that doesn’t give you extra time to pay your taxes.
What Happens if You Buy a Home in Tax Sales?!
In most cases, buying tax lien or tax deed properties is profitable. But there are some instances when both systems do not yield the kind of results that the buyer or investor had expected or hoped for. First let us have a closer look to know the difference between a tax lien property and a tax deed property for sale.
The IRS and Its Tax Collection Powers
The IRS (Internal Revenue Service) is a powerful tax collection organization. Delinquent taxpayers would find themselves in tough situations due to the rough strategies utilized by the IRS to collect taxes. They have the power to levy wages, bank accounts, investments, and even place tax lien on properties.
IRS Back Taxes Collection Methods
Did you know that the Internal Revenue Service or IRS has several back taxes collection methods to get the money you owe to them? This is the reason why it is a must to make an IRS plan to save your assets from being seized by the government. Here they are:
Tax Liens Are NOT For You…Are you Sure?
Let me tell you 3 reasons why Tax Lien Investing isn’t the thing you want to do…
1. If you aren’t interested in learning new things, and discovering the tricks that be apart of your growth as a person, as well as in business, then Tax Liens won’t work for you.
Tax Lien Foreclosures…The Good?
So, there is an ever present question with Real Estate, and especially foreclosures, and I’ve seen it over and over again…
The Good Side of Tax Title Companies
“Do or Do Not, There Is No Try.” – Yoda
I’m sure you have all heard of that quote, but you may ask, what does it have to do with Investing in Real Estate and Tax Liens?
IRS Tax Lien Vs Tax Levy (Even I’M CONFUSED…)
It’s true. Sometimes all the technical jargon can really get me confused… even down cause sometimes it doesn’t make sense.
Foreclosure Differences? Read on…
Ever wonder what the difference is between a Tax Foreclosure and a Mortgage Foreclosure?
Lets break it down for a quick sec here…(And no..I don’t mean dancing :))
Did You Know About Tax Overages…Secret funds?
I wanted to offer you some insight on Tax Lien and Deed overages.
You have certainly come across tax deed overbids and tax lien overages if you have experience on tax foreclosures.
