LEARN HOW TO MAKE TAX-FREE MONEY LEGALLY
Find out how to make tax-free money legally. You don’t have to go against the law to earn money tax-free. There are legal and profitable ways for you to do this, and I’ll show you how!
Tax-free money sounds too good to be true. If you’re wondering, “How do I legally pay no taxes?” stay with me. I’ll give you a new money idea, and I’ll show you how to grow it tax free legally.
I’m Ted Thomas, and for 30 years, people have said to me, “It’s too good to be true!” That is always followed by the famous saying that you hear on the Shark Tank TV show, which is, “And for that reason, I’m out!”
Everything I tell you in this lesson is absolutely true, and it will work for you if you’ll just take the time and learn what I’m providing you for information. There are a lot of ways to make money.
HOW TO MAKE TAX-FREE MONEY LEGALLY – A LUCRATIVE BUSINESS
For 30 years, I’ve been involved in a highly unusual but lucrative business. If you take the time to learn about the business of tax lien and tax deed auctions, you can enjoy some of these phenomenal upsides.
Purchasing at tax deed auctions allows huge margins between the purchase price and the ultimate sales opportunity. This allows investors to structure financial opportunities that will generate lifetime income.
Across the United States, little guys as well as experienced investors are making big money and sheltering it from huge income taxes on profits, and they have the blessing of the federal government. This is free money.
Want to learn more about bargain real estate? Would you like to buy homes for pennies on the dollar, and without a mortgage? Or earn double-digit interest rates secured by real estate? Then you don’t want to miss this FREE Mini Course.
HOW TO MAKE TAX-FREE MONEY LEGALLY – TAX LIENS AND TAX DEEDS
First, I’ll give you a little foundational information about tax liens and tax deeds which are sold at auctions in every county of the United States.
Additionally, if you want to know, “Can I earn extra money without paying tax?” with just a small amount of guidance, you can legally and ethically avoid, that is, not be required to pay income tax on your profits. Yes, this is legal.
Starting with tax liens and tax deeds, I plan to rapidly take you on a shortcut to earning exceptional profits with a government-controlled, locally administered, little-known process.
HOW TO MAKE TAX-FREE MONEY LEGALLY – TAX LIENS AND TAX DEEDS IN A NUTSHELL
Once you learn this process, you’ll be earning safe, secure money with tax liens, which pay interest rates of 16%, 18%, up to 36%. These are normal returns despite being outrageous compared to the marketplace.
Also, I will cover and explain tax deeds, which are properties sold by local counties for discounts of 60%, 70%, and 80% below the appraised values. They are sold at auctions, and all auctions are open to the public.
These properties are sold with no mortgage, that is, they are sold mortgage-free for the huge discounts I mentioned.
HOW TO MAKE TAX-FREE MONEY LEGALLY – TAX DEEDS
Today I’m answering your question about how to make tax-free money legally.
Let’s start with tax deeds which local counties will issue when property taxes are defaulted. It works like this…
The state legislature and the county coordinate and demand that property owners pay the property taxes that are levied.
If the taxes are left unpaid, the county will confiscate the property. Additionally, they will evict the owner or tenant. The property owner will have forfeited the right to ownership for nonpayment of local property taxes.
HOW TO MAKE TAX-FREE MONEY LEGALLY – DUE PROCESS
In the USA, over 3,000 counties will sell tax defaulted property at auction.
The local treasurer would have already dispatched many registered letters requesting payment. This process of registered letters explains the consequences of no payment, and that simply is seizure and confiscation.
The treasurer may even pay a deputy sheriff to deliver the notices of default.
In summary, the property ends up at auction due to lack of payment.
HOW TO MAKE TAX-FREE MONEY LEGALLY – TAX DEED AUCTION
The county will auction the property with no mortgage for pennies on the dollar. The starting bid, which is always very low, could be as low as the delinquent back taxes.
Properties are sold with discounts of 60%, 70%, and 80%. I’ve even seen as high as a 90% discount from the tax assessed value.
This business works for little guy entrepreneurs, savvy investors, and anyone that would like to purchase a mortgage-free property for 10 cents, 20 cents, or 30 cents on the dollar.
Additionally, auction buyers with individual retirement accounts, whether the traditional or Roth accounts, may bid at these auctions to purchase properties for pennies on the dollar, and this is the key to how to make tax-free money legally.
I have a Free Gift for you. It’s a mini course that reveals the secrets of tax lien certificates and how to make big profits with tax deed properties. Be sure to take advantage of it.
HOW TO MAKE TAX-FREE MONEY LEGALLY – AN EXAMPLE
Now I’m going to give you an example of how to make tax-free money legally.
My client, let’s call the client RS, purchased a property directly from the treasurer at a tax defaulted auction. The property was a single-family home, 3-bed, 2-bath.
This property had been abandoned, however, it was not damaged other than the usual wear and tear from mother nature.
The 3-bed 2-bath home was fully furnished and had a 2-car garage with a car inside. On the back of the house, was a swimming pool, and next to the pool there was a boat and a trailer.
The auction took place on the courthouse steps. No other bidder bid against my client.
For sure this business is the world of the weird. Surprising things happen at property tax defaulted auctions.
HOW TO MAKE TAX-FREE MONEY LEGALLY – AUCTION REVENUE
Across the United States, all 3,000+ counties are authorized by the state legislature to levy tax and collect those property taxes.
If the treasurer cannot collect the tax, the treasurer is authorized and mandated by law to seize the property and sell it at a public auction.
The objective of the auction is to return the property from delinquency back to the tax roll, and the auction accomplishes that when the new party purchases no matter what the price.
The revenue from the auction goes into the county general fund and will pay the delinquent property taxes.
HOW TO MAKE TAX-FREE MONEY LEGALLY – BUYING AND SELLING TAX DEED PROPERTY
Getting back to RS who purchased the abandoned property which was assessed with a value of $55,000.
His total bid price was $3,000.
Using techniques like we teach in our distance learning systems, RS purchased signs for sale. He made it obvious in the signs that he would sell for lower than the tax assessed value
RS used Craigslist, Facebook Marketplace and eBay. He kept his selling prices low, and he advertised financing available via installment sale.
HOW TO MAKE TAX-FREE MONEY LEGALLY – SELLER FINANCING
In days, a woman agreed to pay $45,000, which was $10,000 below the tax assessed value. RS was following our mantra of buy low, sell low and do it fast.
The woman accepted and agreed to payments of $800 a month for 7 full years, plus agreed to pay taxes and insurance.
The math works out like this… the seller financing was $800 a month for 84 months, and that equals $67,200.
HOW TO MAKE TAX-FREE MONEY LEGALLY – PROFIT
Let’s review, the purchase from the county government at a tax defaulted auction was $3,000. The county wiped out any mortgage if there was one, and the sale was finalized.
There were no brokers, no attorneys, no middlemen involved, just a buyer and a seller.
The profit was $67,200 less the purchase price of $3,000 and any fix up costs.
HOW TO MAKE TAX-FREE MONEY LEGALLY – PURCHASING WITH A ROTH IRA
If you want to know how to avoid taxes on a large sum of money, then here’s the part you’ll like the best. The purchase was made using a Roth IRA. In other words, the Roth IRA invested $3,000 and paid for any fix up.
The purchase took place from the county, and the seller sold the property for $45,000. That’s a nice profit.
However, he offered financing via an installment sale, and that will be paid out over 7 years. No matter how you look at it, there is massive profit here.
HOW TO MAKE TAX-FREE MONEY LEGALLY – TAX-FREE PROFITS
However, for the sake of our example, let’s say there is only a $50,000 profit. If you make $50,000 in the real world, you’ll probably owe 25% or more to the government.
This purchase was made within an IRA account, so there is no tax on the profit, which is the margin between the purchase price and the actual $67,200 payout. It was all done within a Roth IRA account.
Profits within an IRA are tax free. That means you get free money. Your gain is far superior than other investments.
CONCLUSION
We hope you enjoyed Ted’s lesson, “How to Make Tax-Free Money Legally”
Though it may sound too good to be true, not only can you make tax-free money legally, but you can make a lot of tax-free money if you utilize this powerful combination, tax defaulted property investing and a Roth IRA.
In counties all across the USA, properties are seized for nonpayment of property taxes, then auctioned off to the highest bidder. At these auctions, the starting bids begin around the amount of the back property taxes that are owed.
When you consider that property taxes are only a small percentage of the assessed value of a property, you can see the profit potential.
You can purchase real estate for pennies on the dollar at a tax defaulted property auction. Even better, you get the property without a mortgage.
When you buy at a low price and sell at a low price, you can attract buyers quickly. You can also make additional profit and generate income streams for years by utilizing owner financing.
Now here’s how to make tax-free money legally. You purchase using a self-directed Roth IRA, and the profit is tax-free!
If you’d like to know more, Ted Thomas can show you how to make money investing in real estate. For over 25 years, Ted’s been teaching students the secrets, strategies, and safest ways to profit from tax lien and tax deed investing.
There’s no one more qualified than Ted Thomas, America’s leading authority on tax lien certificates and tax defaulted property investing, to teach you how to do this safely and profitably.
Ted Thomas is the only one who offers full support and a complete training program on how to buy property with delinquent taxes with home study courses, Q&A webinars, live tutorials, workshops, web classes, and personal coaching.
If you’d like to learn how to create massive cash flow and streams of residual income from deep discount real estate, you can get started today at no cost by taking advantage of Ted’s FREE Master Class on America’s best kept secret, tax lien and tax deed investing.
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