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The 16% Solution: How to Get High Interest Rates in a Low-Interest World with Tax Lien Certificates, Revised Edition |  | Author: J.D. Joel S. Moskowitz
Publisher: Andrews McMeel Publishing
Category: Book
List Price: $24.99
Buy New: $15.45
as of 9/8/2010 22:23 CDT details
You Save: $9.54 (38%)
New (25) Used (14) from $15.45
Seller: Real Estate Book Store
Rating:  64 reviews
Sales Rank: 24693
Media: Hardcover
Edition: 2 Rev Upd
Pages: 184
Number Of Items: 1
Shipping Weight (lbs): 1.1
Dimensions (in): 9.1 x 7.2 x 0.9
ISBN: 0740769626
Dewey Decimal Number: 332.6324
EAN: 9780740769627
ASIN: 0740769626
Publication Date: March 17, 2009
Availability: Usually ships in 1-2 business days
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Product Description
This revised edition is arriving just in time to inform investors how to take advantage of today's slumping U.S. economy. With home foreclosures at an all-time high and the erratic stock market damaging 401(k) accounts, people are looking for innovative ways to invest their money.Moskowitz explains what tax lien certificates are (liens against property for unpaid taxes), why they are safe (certain states insure them), and how they fit into an overall financial plan. This new edition includes updates to the laws and procedures of states and counties that offer tax lien certificates. * The 16% Solution has been updated to reflect current legal requirements and information. * Seen as a great investment solution: "If you become a buyer of tax liens, we recommend reading The 16% Solution by Joel Moskowitz. It's a worthwhile investment." --Ken and Daria Dolan, Straight Talk on Your Money.
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| Customer Reviews:
Showing reviews 1-5 of 64
A Very Good Reference Book for Purchasing Tax Liens August 7, 2010
C. Detter (Seattle, WA)
This book was a my first stab at educating myself on tax liens, and I thought it was excellent. It is professionally formatted and annotated, and it will make a good book to refer to as I plunge into the murky investment of tax liens. It is written for first-timers, and it explains tax liens from the ground up.
Mr. Moskowitz provides state-specific specific information about tax lien auctions in several participating states including Colorado and Arizona. He also has some good advice on how to avoid tax liens that are backed by essentially worthless properties. I will also follow his advice to employ a tax lawyer if I need to foreclose on a property. I would have liked some advice on how to claim the interest income on my 1040 form.
I will participate in my first auction in November, after making a road trip to visit possible tax lien properties in October. I won't comment on whether the "16%" monicker is realistic - I assume that I'm not the first person to hear about the relatively high returns on tax liens, and Mr. Moskowitz himself points out that investors sometimes pool their money to buy tax liens. But with my money market account paying 0.75%, even 8% interest is sounding pretty sweet.
 16% Solution is 85% right on! June 5, 2010
Chris Sunderland (Southern California)
I am only half way through this book, but it has been extremely helpful thus far. The author is walking me through the process of reviewing and purchasing tax liens in various states. Holding tax certificates will be a valuable part of my investment portfolio.
 Good condition March 18, 2010
C. Egan (Hertfordshire, UK)
0 out of 1 found this review helpful
Quick delivery from the US to UK - book in good condition for second hand - thanks ++
 I would not buy this book... November 21, 2009
Jim Gatz (New York, NY United States)
0 out of 2 found this review helpful
Serious investors in tax liens should not buy this book. The first half of the book is basically wasted space on why tax liens are better than stocks and bonds...the information is wrong and in some cases just plain silly. People who read this book want to know about tax liens, and presumably can get their stock and bond investment advice from a professional in that area. Second, this book paints a highly unrealistic view of how much can be earned from investing in tax liens. At best, this book will serve as an introduction to the basics of tax lien investing, but I'm sure there are better ways to get that information.
good basic training manual November 1, 2009
B. Fleming (Washington, DC)
Very good for folks new to tax liens. All the basics and some good resource lists, too.
Showing reviews 1-5 of 64
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