Government ‘takes’ church. Post 90


LEGAL and COURTS ONE NEWS NOW.com 5/9/2008 A crumby standoff in Chicago The city of Chicago has placed a tax lien on an area church for allegedly failing to pay sales tax on charitable bake sales. Beth-El All Nations Church in Chicago is currently involved in a property dispute with the city. In 1976 the […] . . .

Read More: Government ‘takes’ church. Post 90

You missed a good tax foreclosure opportunity. Post 89


EAST WILTON — A house on Temple Street could become town property, following a petition drive by local citizens. The petition, signed by 43 people, requests that the town put the property under the authority and control of the Wilton Parks Department, said Town Manager Peter Nielsen. “Residents of the area have asked the town […] . . .

Read More: You missed a good tax foreclosure opportunity. Post 89

Record 58,000 tax liens in Lee County, FL. Post 87


58,000 parcels tax delinquent in Lee County, FL news – press.com 5/11/2008 Property owners this year failed to pay taxes on time on a record 58,000 parcels in Lee County, totaling more than $150 million in unpaid taxes, an indication of Southwest Florida’s floundering economy. That means taxes on almost 10 percent of all parcels […] . . .

Read More: Record 58,000 tax liens in Lee County, FL. Post 87

Hard assets are your true safety net. Post 86


Coach Mitch’s REFLECTIONS Why the dollar is dropping like a rock! A YouTube presentation http://articles.mercola.com/sites/articles/archive/2008/04/26/why-the-dollar-is-dropping-like-a-rock.aspx?source=nl We need better education Citizens no longer are being well served by many parts of the government. Our schools are not teaching Johnny HOW to read nor HOW to think, rather, they are more and more becoming the vanguard of […] . . .

Read More: Hard assets are your true safety net. Post 86

Even “The Rich and Famous” Owe Taxes. Post 85


See the headlines Michael Jackson’s Neverland Ranch public auction canceled http://community.livejournal.com/ohnotheydidnt/23326658.html Sharpton Owes Back Taxes http://www.bootsandsabers.com/index.php/weblog/permalink/sharpton_owes_back_taxes/ This Week’s IRS “Hall of Shame” Inductee: Britney Spears http://taxfacts4u.blogspot.com/2008/05/this-weeks-irs-hall-of-shame-inductee.html Rich folks get into trouble all the time Not long ago I learned from a credible source that “The Donald” has filed for bankruptcy 13 times. According to Barbara […] . . .

Read More: Even “The Rich and Famous” Owe Taxes. Post 85

Buy or control real estate when owners are under pressure. Post 88


Delinquent Tax Trends news – press.com 5/11/2008 Property owners failed to pay taxes this year on more land parcels than ever. However, the number of parcels paid after the deadline but before the tax certificate sale has remained very high. Tax delinquencies up significantly Table gotten from: http://www.news-press.com/apps/pbcs.dll/article?AID=/20080509/RE/80509084/1076 ******************** Coach Mitch’s REFLECTIONS  Look at the […] . . .

Read More: Buy or control real estate when owners are under pressure. Post 88

The human spirit is elastic. Help those in tax foreclosure. Post 81


T R U S T M A K E R S Asset protection planning and education April 24, 2008 This week I had the honor to spend time with a person who had made it through complete financial destruction and emerged on the other side. We actually had a conversation about the positive side of […] . . .

Read More: The human spirit is elastic. Help those in tax foreclosure. Post 81

How investing in tax delinquent property overcomes REI’s most difficult problem. Post 79 Part 1


Coach Mitch’s REFLECTIONS REI – Real Estate Investing When you first think about real estate investing, most people probably think about fixers, or land lording or perhaps foreclosures, etc. Of course, the late-night infomercials promise to teach you to buy property with no money down – but they never say how to do it. “Buy […] . . .

Read More: How investing in tax delinquent property overcomes REI’s most difficult problem. Post 79 Part 1

Property tax reassessments are going to reduce county income. Post 77


Coach Mitch’s REFLECTIONS Imagine being a county treasurer Fact 1: These days much of the country is facing declining home prices. Fact 2: A large percentage of the counties budget’s come from property taxes. Fact 3: As home prices fall, homeowners will seek to have their property reassessed and try to pay lower property taxes. […] . . .

Read More: Property tax reassessments are going to reduce county income. Post 77

Property Tax Deferral – a new concept. Post 76:


Elderly or disabled homeowners may defer property taxes Charles M. Shannon, Chief Appraiser Fannin County Appraisal District Feb 16, 2008 Texans aged 65 or older or who are disabled may postpone paying delinquent and current property taxes on their homes. They may take advantage of a tax option called “tax deferral” by signing an affidavit […] . . .

Read More: Property Tax Deferral – a new concept. Post 76: