Artwork

Content provided by Corwyn J Melette. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Corwyn J Melette or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Player FM - Aplicație Podcast
Treceți offline cu aplicația Player FM !

EP 131: Unveiling the Secrets of Tax Lien Investing with Cynthia Spirlin

26:34
 
Distribuie
 

Manage episode 408783175 series 2998280
Content provided by Corwyn J Melette. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Corwyn J Melette or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Curious about how tax lien investing can pave the way to financial freedom while minimizing risks?

Cynthia Spirlin, hailing from sunny Southern California, shares her journey from early exposure to real estate to her transition into tax lien investing. With a background in law and a passion for creative real estate, Cynthia found her niche in tax lien investing after seeking safer investment avenues post-market crash. She breaks down the concept of tax lien sales and purchases, elucidating the benefits and potential returns for investors.

Cynthia explores various aspects of tax lien investing, including the differences between tax lien and tax deed sales, the role of tax lien mastermind groups, leveraging tax-deferred exchanges like the 1031 exchange, and strategies for maximizing returns while deferring capital gains taxes and the potential for remote investing. She shares success stories and strategies, illustrating how tax lien investments can lead to substantial profits and wealth accumulation.

Key Takeaways:

  • 05:19-07:22 - What a tax lien is and how can investors purchase them in different states like Arizona and Texas

  • 09:49-10:35 - How Cynthia started Tax Lien Mastermind 6 years ago and the support it provides

  • 10:35-12:57 - $90k profit example of a tax lien deal Cynthia facilitate

  • 18:24-21:16 - Using 1031 exchanges to defer capital gains taxes on investment properties

  • 15:08-15:1 - Websites to find tax lien sales online: realauction.com and parcelfair.com

  • 24:48-25:15 - Connect with Cynthia Spurlin through her websites and Facebook groups to learn more

Explore tax lien investment opportunities on RealAuction.com and ParcelFair.com

DISCLAIMER FOR SOUTH CAROLINA RESIDENTS:

While tax lien investing can provide great opportunities for passive income and real estate ownership, the laws regarding tax liens and tax deeds work differently in South Carolina compared to other states discussed in this podcast. In South Carolina, properties are not actually sold for unpaid taxes - rather, a tax lien is placed on the property which the owner can redeem within a certain period. If not redeemed, the lienholder is issued a tax deed title to the property. It is important to understand your state's unique process before investing in tax liens.

For South Carolina-specific guidance, consult with a local real estate professional.

Connect with Cynthia@:

Connect with Corwyn@:

Shoutout to our Sponsor: ROBYN COLLINS

Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.

Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit at RedRobynhomes.com/join.exit and make your Exit today.

--- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support

  continue reading

138 episoade

Artwork
iconDistribuie
 
Manage episode 408783175 series 2998280
Content provided by Corwyn J Melette. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Corwyn J Melette or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Curious about how tax lien investing can pave the way to financial freedom while minimizing risks?

Cynthia Spirlin, hailing from sunny Southern California, shares her journey from early exposure to real estate to her transition into tax lien investing. With a background in law and a passion for creative real estate, Cynthia found her niche in tax lien investing after seeking safer investment avenues post-market crash. She breaks down the concept of tax lien sales and purchases, elucidating the benefits and potential returns for investors.

Cynthia explores various aspects of tax lien investing, including the differences between tax lien and tax deed sales, the role of tax lien mastermind groups, leveraging tax-deferred exchanges like the 1031 exchange, and strategies for maximizing returns while deferring capital gains taxes and the potential for remote investing. She shares success stories and strategies, illustrating how tax lien investments can lead to substantial profits and wealth accumulation.

Key Takeaways:

  • 05:19-07:22 - What a tax lien is and how can investors purchase them in different states like Arizona and Texas

  • 09:49-10:35 - How Cynthia started Tax Lien Mastermind 6 years ago and the support it provides

  • 10:35-12:57 - $90k profit example of a tax lien deal Cynthia facilitate

  • 18:24-21:16 - Using 1031 exchanges to defer capital gains taxes on investment properties

  • 15:08-15:1 - Websites to find tax lien sales online: realauction.com and parcelfair.com

  • 24:48-25:15 - Connect with Cynthia Spurlin through her websites and Facebook groups to learn more

Explore tax lien investment opportunities on RealAuction.com and ParcelFair.com

DISCLAIMER FOR SOUTH CAROLINA RESIDENTS:

While tax lien investing can provide great opportunities for passive income and real estate ownership, the laws regarding tax liens and tax deeds work differently in South Carolina compared to other states discussed in this podcast. In South Carolina, properties are not actually sold for unpaid taxes - rather, a tax lien is placed on the property which the owner can redeem within a certain period. If not redeemed, the lienholder is issued a tax deed title to the property. It is important to understand your state's unique process before investing in tax liens.

For South Carolina-specific guidance, consult with a local real estate professional.

Connect with Cynthia@:

Connect with Corwyn@:

Shoutout to our Sponsor: ROBYN COLLINS

Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.

Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit at RedRobynhomes.com/join.exit and make your Exit today.

--- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support

  continue reading

138 episoade

Toate episoadele

×
 
Loading …

Bun venit la Player FM!

Player FM scanează web-ul pentru podcast-uri de înaltă calitate pentru a vă putea bucura acum. Este cea mai bună aplicație pentru podcast și funcționează pe Android, iPhone și pe web. Înscrieți-vă pentru a sincroniza abonamentele pe toate dispozitivele.

 

Ghid rapid de referință