Know more about Tax Deferred Annuity & Deferred Annuity Every human being wants to save money for the future as future is unknown. In order to save money for future it is necessary to invest in present. There are many tools through which one can get good returns in future by investing now. Tax Deferred Annuity is one of such tools. But to understand Tax Deferred Annuity it is important to know about Annuity. Annuities can be defined as...more
Which tax band do you fall into and what this means If you're uncertain about which tax band you fall into for your income, you could be surprised at the amount being deducted from your earnings, or you could even be paying more than you need to without realising it. That's why it's important to learn how tax bands are calculated, and to find out where you fall on the scale. Almost everything we earn is liable to tax, whether this is...more
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Spanish Taxes Guide: What Spanish taxes should you be paying? In some communities it has been almost acceptable. However, things are changing. As everyone feels the pinch the tolerance of those who pay towards those who don't is diminishing. In addition, the means to check on who should be paying what are increasing. For example, Iberdrola...more
Tax sale properties can be a great way for would-be homeowners to find an affordable residence. Properties sold at a tax sale can also be an affordable way to get started in the real estate investment market. Many of the previous owners of these tax sale properties have not paid their property taxes in years. Because the tax assessor's office needs...more
If you've ever attended tax sale, you've almost certainly noticed that a lot of properties get bid way up over the opening bid amount, which is usually the amount of tax and penalties owed. Did you ever wonder what happened to that extra money? That money is county tax deed overages, and a few smart investors out there are making a killing off them from finders fees - and it's the perfect home-based business to start now, with foreclosures at an all-time high.Those county tax deed overages are generally held for the original owner to come in and claim. Unfortunately, since it can take a long time for a property to go to tax sale, many times the delinquent owner is long gone (or long dead) and has no idea that the property even went to tax sale. Generally they have no idea they're entitled to anything, and the money just sits there until eventually it reverts back to the government.Because these funds are held outside the state level, county deed overages aren't subject to the same limits on finders fees that, say, bank accounts and stock dividends being held by the State Unclaimed Funds agency are. This means that money finders can charge 30-50% on these transactions legally. These...more
The answer to this question is yes. It is possible to buy a tax lien for $50 under the right circumstances. If, for example, you buy a tax lien from a county that sells tax liens on a first come, first-served basis, or by lottery (and you're lucky),...more
In some cases, to buy a tax lien you'll buy on a first-come, first-served basis from the county holding the property. In other cases, you'll buy round-robin style or by lottery. But in most cases, you'll buy a lien by bidding against other bidders at...more
Motivational Stories - How One NFL Player Stays On His Feet Do you like motivational stories? I have one for you. Life has a way of knocking us down. As humans, we have a propensity for intolerance. And sadly, sometimes people release all that...more
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What Goes On During Tax Lien Auctions The truly smart investors will often perform fair quantity of research prior to actually investing in certain homes. For many properties, there could not be an opportunity to really explore properties...more