The 16% Solution: How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates, Revised Edition - Hardcover

Moskowitz, J.D. Joel S.

Hardcover

ISBN 10: 0740769626 ISBN 13: 9780740769627

Publisher: Andrews McMeel Publishing, 2009

Synopsis

IN RICH DAD POOR DAD YOU FIRST LEARNED ABOUT THIS BOOK.  NOW READ THE BOOK AND START COLLECTING HIGH INTEREST PAYMENTS!.Like millions of others, you are probably wondering where to put your money in these low interest times.  Money market funds, banks, and savings and loans are paying less than 5% interest.  After taxes and inflation, a 5% return leaves you nothing at all..Eager for higher yields, you may be considering joining millions of others who are rushing into an already overpriced stock market.  Or you may be considering buying bonds, options, or more exotic instruments that may one day cost you some or most of your principal..There is an alternative.  An investment that will allow you to reap ultra-high yields.  An investment that will allow you to sleep at night.  An investment you can get into with very little money.  An investment that is fun.  I wrote this book to introduce you to that investment, known as tax lien certificates..Tax lien certificates are not some new invention of a brokerage.  They are issued by over 1,000 local governments in a majority of states.  Banks, savings and loans, and many knowledgeable investors hold them.  Now it's your turn to find out about them, and your turn to profit from them..Frankly, I'm excited for you.  You are in for a wonderful, profitable discovery and I am delighted to be your guide and companion..Joel MoskowitzJoel S. Moskowitz is an attorney specializing in environmental law.  He has argued before the United States Supreme Court, the California Supreme Court, and several courts of appeal.

About this title

From the Inside Flap:

About $15 billion in property taxes goes unpaid every year in the United States.  When these taxes are not paid, a tax lien is put on the property.  In many states, local governments allow investors like you to pay these overdue taxes.  This gives them the money they need right away for their police and firemen and all the other functions of government..And what do you get?  Your investment seldom amounts to more than 1-3% of the value of the property, so if you've taken the steps outlined in this book, your investment should be secure.  And when the lien is paid, you get your money back, plus all the interest penalties the government collects, which can be 5%- 36%, depending on the laws of the state.

About the Author:

Joel S. Moskowitz is an attorney specializing in environmental law. He has argued before the United States Supreme Court, the California Supreme Court, and several courts of appeal.

About this edition

• Publisher: Andrews McMeel Publishing
• Publication date: 2009
• ISBN 10: 0740769626
• ISBN 13: 9780740769627
• Binding: Hardcover
• Edition number: 2
• Number of pages: 184