For those that have invested in baltimore city tax liens such as @ned carey, do you know the typical payback timeframe?

So, I was just looking around online and happened to come across this post, I first want to say that I work for Renters Warehouse in Columbia, so I am not making a recommendation in any direction, there are a lot of good property managers out there, as Ned's post shares, but there are also many to be wary of.

As ned mentions it depends, but most likely they would not have an issue with it, where they may have the issue is you closed the S corp.

Always look to the retirees as Ned suggested, great opportunities for buying in bulk or multis. :)

The two main tax reduction benefits of this type of income areA) allowance for depreciation, as Ned mentioned, which in some cases can nearly offset the entire property's income, and B) Schedule E income is not subject to self-employment (or payroll taxes).

Hi Dane,As it seems you already know we don't know where rates are going to be or prices for that matter.Just as @Ned Carey said interest rates aren't actually high relatively speaking for the past 30 years.

An alternative to that would be to transfer your 401k into self-directed IRA or truly self-directed Solo 401k plan as Ned mentioned, then you can invest in real estate and other alternative investments tax-deferred (or tax free with Roth).

Yes, as @Ned Carey said, the three years is likely your state statute time limitation to challenge a tax sale....here it is four years.  

As @Ned Carey said...

As Ned mentioned, the debt coverage ratio sets a base line, it's not a numeric risk function by itself, but good point.