Investing In Tax Liens From Canada
Does anybody know if it's worth it to invest in American tax liens from Canada. What are the tax implications?
Does anybody know if it's worth it to invest in American tax liens from Canada. What are the tax implications?
It is definitely worth it, but every state in the nation is different regarding the process. Make sure you find a state that you are comfortable with and/or get a seasoned investor to do the investing for you. Some states have a lengthy redemption period, another makes it illegal to sell the property within a year after its bought. There are some quirky laws you need to be aware of.
Good Luck,
Kyle (the other one)