Discussions
What are the advantages and the disadvantages of Tax Lien Investing?
2 days ago by accountinglads
Tax Liens Investing has the advantages of high and fixed returns, which are secured by property and are not subjected to fluctuations in the marketplace. Investors may make substantial amounts of interest of between 8-24 per cent and assist local governments to collect unpaid taxes. But the risks are worthless or damaged properties, legal hassles or prolonged redemption. In case of non-redeeming, the owners might have to foreclose and such is an expensive process. It is important to reduce risks and enhance rewards in this niche investment market through proper research, diversification, and local regulations.