Tax Liens vs. Tax Deeds - Which is better?

#youtubeshorts #realestate #taxdeeds #taxliens #taxsale

[Embarrassed_Rock_]

That was a perfect explanation thanks!

[SamBurkey-cn]

I don't mind the extra investments, since the payoff is substantially more

[xAmayax]

Thank you for the explanation! Was looking for someone who would easily describe both. Sounds like I'm a tax lien person instead. 🎉

[crazyburkey]

There's a better pay out with Deeds, I think it's worth the effort

[barrettphillips]

Are gains from tax liens subject to tax?

[stanmoney]

How is the amount of work higher with a tax lein if you are just buy peice of paper. If the owner doesn't reclaim the home ?

[theadventurekidz-scienceho]

I’m debating rather I should invest in tax liens because I’m not that interested in tax deeds but I’m in Texas. I wonder how much risk would there be investing in out of state liens.

[pramodm]

Completely agree, lien is less work and less return, deed is more work and if done right potential for much higher return

[nutinmanu]

Do you file your pf 7461 when you get the tax deed?

[ornaberkowitz]

what happens with other lien holders, mortgages, code violations etc? who pays this if the property becomes yours?

[richardroque]

I understand a tax deed might require more work …. But say you get a home for $5k… worth $150, 000. Then sell for $85k well below price … then that time effort is worth it ?

[P_double_H]

While your math checks out in a calculator, it is not real life.

In real life, you ar eprobably end up buying a deed at 80 percent or so the market value of the house.

While you could still make a profil, you will not end up paying $5000 for a $150000 house.

You are going to pay a lot more and run the risk that the house is not good at all and end up with a broken house that's worth nothing.

Be careful out there!