Make a living off other people's taxes

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Buyers earn high interest, fees on delinquent property tax bills


Investors looking to earn a high interest rate on their money with virtually no risk can do so later this summer when the county sells nearly $300,000 in unpaid property tax bills.

Before this year the county could only sell 10 percent of delinquent taxes, but a change in state law allows the entire portfolio to be sold and the buyers to collect a nifty 12 percent interest rate.

Buying those unpaid tax bills is a solid investment that places purchasers at the front of the line when it comes to getting reimbursed.

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The Anderson News | circulation@theandersonnews.com | 502-839-6906
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