The Benefits of Being a Tax Lien Certificate Owner

Tax lien certificates are debt instruments and one of the many examples of cash flow notes. Procuring one of these notes, which can either be bought or sold, means that the debtor will automatically owe you the debt. Notes obtained from the real estate industry are among the most popular type of notes. Investors prefer to collect them in lump-sum rather than wait for monthly payments.

A lien on a property for not paying taxes is called a tax lien certificate. Owners of a real estate have financial obligations, or a tax lien, each year. To remove the tax … Read more at 2010 Tax.

First Time Home Buyers Credit

There are home buyer tax credits available to first time homebuyers and long-term home owners who are moving residences. Some important facts about the credits will help you determine if you are eligible and how much you can claim.

Beginning in February of 2009 up until the end of April 2010, if you enter into a contract to purchase a home in the US the purchase could be qualified for a credit with the IRS. To be a first-time homebuyer, you could not have owned a primary residence for the past three years. This also … Read more at 2010 Tax.