Comments for Tax Lien Sales Online http://www.taxliensalesonline.com Tue, 28 Dec 2010 20:46:13 +0000 hourly 1 http://wordpress.org/?v=3.0.3 Comment on Does a business sales tax lien accrue interest after it is filed with the state? by tro http://www.taxliensalesonline.com/does-a-business-sales-tax-lien-accrue-interest-after-it-is-filed-with-the-state/comment-page-1/#comment-67 tro Tue, 28 Dec 2010 20:46:13 +0000 http://www.taxliensalesonline.com/does-a-business-sales-tax-lien-accrue-interest-after-it-is-filed-with-the-state/#comment-67 how did you make the payment, by check or cash or money order? if you have proof of payment that should not be a problem and if you have heard nothing after your appeal was filed, very likely it has been waived how did you make the payment, by check or cash or money order?
if you have proof of payment that should not be a problem
and if you have heard nothing after your appeal was filed, very likely it has been waived

]]> Comment on Does a business sales tax lien accrue interest after it is filed with the state? by Max Hoopla http://www.taxliensalesonline.com/does-a-business-sales-tax-lien-accrue-interest-after-it-is-filed-with-the-state/comment-page-1/#comment-66 Max Hoopla Tue, 28 Dec 2010 20:32:24 +0000 http://www.taxliensalesonline.com/does-a-business-sales-tax-lien-accrue-interest-after-it-is-filed-with-the-state/#comment-66 Interest accrues from the due date of the tax return and can't be waived. Interest accrues from the due date of the tax return and can’t be waived.

]]> Comment on Q&A: A tax lien certificate purchaser is threatening to foreclose, what can I do? by knowitall http://www.taxliensalesonline.com/qa-a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/comment-page-1/#comment-72 knowitall Tue, 28 Dec 2010 20:29:13 +0000 http://www.taxliensalesonline.com/qa-a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/#comment-72 If you have not been able to sell it in 6 years, why would you want it back? Just let it go! If you have not been able to sell it in 6 years, why would you want it back? Just let it go!

]]> Comment on How can I get a Tax Lien Sales list for Wisconsin without joining a site? by Credit Expert http://www.taxliensalesonline.com/how-can-i-get-a-tax-lien-sales-list-for-wisconsin-without-joining-a-site-2/comment-page-1/#comment-65 Credit Expert Tue, 28 Dec 2010 20:26:33 +0000 http://www.taxliensalesonline.com/how-can-i-get-a-tax-lien-sales-list-for-wisconsin-without-joining-a-site-2/#comment-65 Check this out. http://www.sawyercountygov.org/Treasurer/TreasIndex.htm Check this out.

http://www.sawyercountygov.org/Treasurer/TreasIndex.htm

]]> Comment on How can you learn to evaluate and appraise property being auctioned for tax deed and tad tax lien sales? by Drake S http://www.taxliensalesonline.com/how-can-you-learn-to-evaluate-and-appraise-property-being-auctioned-for-tax-deed-and-tad-tax-lien-sales-2/comment-page-1/#comment-68 Drake S Tue, 28 Dec 2010 20:26:27 +0000 http://www.taxliensalesonline.com/how-can-you-learn-to-evaluate-and-appraise-property-being-auctioned-for-tax-deed-and-tad-tax-lien-sales-2/#comment-68 Go to the florida county office they will have list of tax lien bids and the condition of the property. Go to the florida county office they will have list of tax lien bids and the condition of the property.

]]> Comment on How can I use self-directed IRA money to participate in internet auctions for tax-lien certificates? by Eggolas M http://www.taxliensalesonline.com/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/comment-page-1/#comment-70 Eggolas M Tue, 28 Dec 2010 20:14:20 +0000 http://www.taxliensalesonline.com/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/#comment-70 If you really want to do this, then I suggest that you begin by reading the available information very carefully. But yes, owning a tax lien certificate is not a prohibited transaction by itself: 14. In addition to real estate what investments can my IRA funded LLC purchase? Limited liability companies, real estate commercial and residential, commercial paper, tax lien certificates, promissory notes, corporate debt offerings, trust deeds/mortgages, commodities and futures, mutual funds, stocks, bonds, annuities, limited liability partnerships, hunt lease investments, race car investments, treasuries, bank CDs, timberland investments, currency exchange, timeshares, real estate options, and much more. So, according to this website, it's available to an IRA LLC. You have some reading to do. If you really want to do this, then I suggest that you begin by reading the available information very carefully.

But yes, owning a tax lien certificate is not a prohibited transaction by itself:

14. In addition to real estate what investments can my IRA funded LLC purchase?

Limited liability companies, real estate commercial and residential, commercial paper, tax lien certificates, promissory notes, corporate debt offerings, trust deeds/mortgages, commodities and futures, mutual funds, stocks, bonds, annuities, limited liability partnerships, hunt lease investments, race car investments, treasuries, bank CDs, timberland investments, currency exchange, timeshares, real estate options, and much more.

So, according to this website, it’s available to an IRA LLC.

You have some reading to do.

]]> Comment on Q&A: A tax lien certificate purchaser is threatening to foreclose, what can I do? by Cheryl G http://www.taxliensalesonline.com/qa-a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/comment-page-1/#comment-71 Cheryl G Tue, 28 Dec 2010 19:54:20 +0000 http://www.taxliensalesonline.com/qa-a-tax-lien-certificate-purchaser-is-threatening-to-foreclose-what-can-i-do/#comment-71 Someone has purchased your property for the amount of overdue taxes. You have a certain period of time to pay the taxes and regain title to your property. The time period varies from jurisdiction to jurisdiction and can run anywhere from 15 days to one year. You should have received a notice telling you of all this. It was your duty to advise the county or city of your new address. Contact the state, county or city in which the property is located and find out what your outstanding tax bill is. Don't take the investor's word for it. If you want the property, you'll have to pay the back taxes plus any late fees, etc. You must pay the amount directly to the state, county or city, though. Do NOT pay anything to the investor under any circumstances. If you don't want the property, just let it go. Contact your lender and see what your liability is. Sometimes the "investor" must assume all debts and liens against the property. Otherwise, that will be your responsibility. Someone has purchased your property for the amount of overdue taxes. You have a certain period of time to pay the taxes and regain title to your property. The time period varies from jurisdiction to jurisdiction and can run anywhere from 15 days to one year. You should have received a notice telling you of all this. It was your duty to advise the county or city of your new address.

Contact the state, county or city in which the property is located and find out what your outstanding tax bill is. Don’t take the investor’s word for it. If you want the property, you’ll have to pay the back taxes plus any late fees, etc. You must pay the amount directly to the state, county or city, though. Do NOT pay anything to the investor under any circumstances.

If you don’t want the property, just let it go. Contact your lender and see what your liability is. Sometimes the “investor” must assume all debts and liens against the property. Otherwise, that will be your responsibility.

]]> Comment on How can I get a Tax Lien Sales list for Wisconsin without joining a site? by GO AHEAD http://www.taxliensalesonline.com/how-can-i-get-a-tax-lien-sales-list-for-wisconsin-without-joining-a-site-2/comment-page-1/#comment-64 GO AHEAD Tue, 28 Dec 2010 19:53:05 +0000 http://www.taxliensalesonline.com/how-can-i-get-a-tax-lien-sales-list-for-wisconsin-without-joining-a-site-2/#comment-64 THE TAX ACCESSORS OFFICE FOR EACH COUNTY IN THAT STATE SHOULD BE ABLE TO HELP YOU FIND THAT INFO,,YOU WILL JUST HAVE TO DO YOUR HOMEWORK AND CHECK EACH OFFICE ,, ''NOT THE IRS'' THE TAX ACCESSORS OFFICE FOR EACH COUNTY IN THAT STATE SHOULD BE ABLE TO HELP YOU FIND THAT INFO,,YOU WILL JUST HAVE TO DO YOUR HOMEWORK AND CHECK EACH OFFICE ,,
”NOT THE IRS”

]]> Comment on How can I use self-directed IRA money to participate in internet auctions for tax-lien certificates? by Michael K http://www.taxliensalesonline.com/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/comment-page-1/#comment-69 Michael K Tue, 28 Dec 2010 19:45:41 +0000 http://www.taxliensalesonline.com/how-can-i-use-self-directed-ira-money-to-participate-in-internet-auctions-for-tax-lien-certificates/#comment-69 It's a bad idea to use IRA money for speculation in tax liens because withdrawls from the IRA are taxable as ordinary income plus a 10% penalty, and it would be difficult if not impossible to structure the payment for the tax certificate so it would not become a 'withdrawl'. Also, you can't borrow in an IRA so completing the transaction (i.e., obtaining a mortgage) would be in your name, not in the name of the custodian of the IRA. Also, the tax advantages of owning real estate (deduction of the mortgage interest) would be wasted in an IRA, which is already tax-exempt. The idea doesn't make much sense. It’s a bad idea to use IRA money for speculation in tax liens because withdrawls from the IRA are taxable as ordinary income plus a 10% penalty, and it would be difficult if not impossible to structure the payment for the tax certificate so it would not become a ‘withdrawl’. Also, you can’t borrow in an IRA so completing the transaction (i.e., obtaining a mortgage) would be in your name, not in the name of the custodian of the IRA. Also, the tax advantages of owning real estate (deduction of the mortgage interest) would be wasted in an IRA, which is already tax-exempt. The idea doesn’t make much sense.

]]> Comment on What You Need To Know About Purchasing Government Tax Lien Foreclosure Homes by Stop foreclosure fast http://www.taxliensalesonline.com/what-you-need-to-know-about-purchasing-government-tax-lien-foreclosure-homes/comment-page-1/#comment-58 Stop foreclosure fast Sat, 20 Feb 2010 10:04:46 +0000 http://www.taxliensalesonline.com/what-you-need-to-know-about-purchasing-government-tax-lien-foreclosure-homes/#comment-58 Love your blog I'm going to subscribe hope you give more updates. Love your blog I’m going to subscribe hope you give more updates.

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