Zero Risk Real Estate: Creating Wealth Through Tax Liens and Tax Deeds

Chapter 1

Understanding Tax Liens and Deeds

Nothing is certain but death and taxes.

—Benjamin Franklin

Benjamin Franklin first uttered those words in 1789, and I’m not sure that much has changed since then. Of course, the concept of taxes goes back much further than that, as recorded history shows that taxes have been collected from people by governments, monarchs, and kingdoms for thousands of years.

But what happens when people don’t pay their taxes? Some go to jail, some may lose their property, or centuries ago they may have even been hanged. Nothing that drastic takes place in today’s society, but taxes are still an important part of life, and they are vital for governments to provide services to their citizens. And with estate and probate taxes in effect, they continue even after your death.

But what does that mean for you? More importantly, how can the tax system actually provide a road to wealth for you and your family? That’s what Zero Risk Real Estate is all about. For more than 30 years, I have been actively participating and investing in real estate, both personally and with clients and students from all over the world. While there are many ways to make money in real estate, nothing comes close to the long-term growth, stability, dependability, and relative safety of tax lien investing.

Another benefit of tax lien investing is that it does not take a large amount of money to get started. You can buy tax liens with anywhere from a few hundred to a few thousand dollars ...