How’d the numbers stack up after fees and custodian costs?

If he does, and the court finds that such request is reasonable, a "qualified entity" (such as a bank) will conduct an auction, and the owner of the tax lien certificate will only recoup his costs and interest.From what I read in the present forum, the above problem is now present, or in the process of being made law, in other states as well.Now the MAIN questionIf you have stopped investing in tax lien certificates after 2023, was the above one of the main three reasons?

You should just tell them up front you think they have no value.

I picked it up for $138K, with about $30K in needed renovations.

Appreciate the tag @Aaron Zimmerman!

You also just don't fully know what problems you are up against until you own it.

At the end of the day, it comes down to what aligns best with your financial goals.

the real money is in talking to groups to see if it can be taken out of the flood plain and if there is other homes that have. we purchased a piece of land for 8k and got it out of the flood plain and it was worth close to 40k. land entitlement is one of the highest money making activities. check with the local zoning office or national firms a lot will take a look for no cost and if you can get sewer and water and developable by raising it out of the flood plain you are good for some $$ we did this in newark ohio with a single family home plot that we ended up building on and had to raise the land up 6'. it's a suburb of columbus ohio

Another question:This pertains to the above commercial property.If a partner in an LLC dies, does the basis step up for a surviving spouse or other heirs?

I will address the absolute that he did throw out as they are simply incorrect.