An account on tax lien investing

April 25, 2012  //  Posted by: Financial advisor  //  Category: Investing tips, Tax

Tax lien investing is a great way of earning profits with minimum hardship. It’s a good way to plan your finances. By investing in tax lien you need not worry about the fluctuating market, whatever the market condition be your earnings will never fluctuate towards the negative side. Tax lien investing requires some time and effort and if you are not able to give it a considerable time, then don’t worry you can hire yourself a tax lien agent who will perform all functions such as bid at tax sale, maintain portfolio etc.

For all this you need to pay a minute share from your profit as management fees to tax lien agent. Note how much you pay to the tax lien agent depends on how much you invest in account of tax lien. The minimum tax lien investing for most agents ranges from $20000 to $30000 onwards. People who want to invest in tax lien after retirement can do so only if you are provided with self-directed IRA or solo 410(k).

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