Iowa Tax Liens
Investor · Marquette, MI · Member since 2015 · 19 posts · 3 votes
I am looking for advice about purchasing Tax liens in the state of Iowa.
I live in Linn county and want to get information on how to invest in Tax Liens.
Terry
@Terry Koepp I invest in tax liens, but not in Iowa. I found this document from the Linn County Treasurer that describes the county tax lien sale and the forms for registering. Note - rules change so look for the 2016 form when it comes out.
2015 Linn County Basic Rules of the Annual Tax Sale
If this is your first time investing in tax liens, I suggest you get very familiar with the Iowa statutes on tax liens - the sale, the holding laws, redemption periods, foreclosure process, etc. If you are unfamiliar with them, hopefully an experienced Iowa property tax lien investor will offer to discuss things with you here on BP. As I always suggest, take a tax lien focused Iowa attorney to breakfast or lunch to get a good handle on the process.
At a high level, some Iowa tax lien rules are;
That is just a few of the rules and fees. There is a lot to learn. Get a good mentor and attend an auction just to see how it operates if you don't feel educated enough to invest this year.
Good luck with your investing!
@Terry Koepp I invest in tax liens, but not in Iowa. I found this document from the Linn County Treasurer that describes the county tax lien sale and the forms for registering. Note - rules change so look for the 2016 form when it comes out.
2015 Linn County Basic Rules of the Annual Tax Sale
If this is your first time investing in tax liens, I suggest you get very familiar with the Iowa statutes on tax liens - the sale, the holding laws, redemption periods, foreclosure process, etc. If you are unfamiliar with them, hopefully an experienced Iowa property tax lien investor will offer to discuss things with you here on BP. As I always suggest, take a tax lien focused Iowa attorney to breakfast or lunch to get a good handle on the process.
At a high level, some Iowa tax lien rules are;
That is just a few of the rules and fees. There is a lot to learn. Get a good mentor and attend an auction just to see how it operates if you don't feel educated enough to invest this year.
Good luck with your investing!
Jerry - Thanks for the info! It's greatly appreciated.
Any Iowa Tax Liens investors willing to assist me with learning the ropes?
Thanks,
Terry
Hey Terry,
I have a couple friends from the Iowa City Investor Meetup who are avid tax lien buyers in Eastern Iowa and Illinois. They are super friendly and enjoy talking about it.
Touch base with them at:
Shawn Frederick & John Powers with F & P Ventures LLC
shawn.fandpventures@gmail & john.fandpventures@gmail
Tell them I sent you and see if they can assist you or have you tag along.
They did a presentation last wed at the meetup about tax liens and I know they were interested in getting a pool of investors to tackle the area together. They were going to talk more about it next month.
@Charles HaggettHere is the info on the meetup Charles. Hope to see you there next month!
Hey Terry,
I have a couple friends from the Iowa City Investor Meetup who are avid tax lien buyers in Eastern Iowa and Illinois. They are super friendly and enjoy talking about it.
Touch base with them at:
Shawn Frederick & John Powers with F & P Ventures LLC
shawn.fandpventures@gmail & john.fandpventures@gmail
Tell them I sent you and see if they can assist you or have you tag along.
They did a presentation last wed at the meetup about tax liens and I know they were interested in getting a pool of investors to tackle the area together. They were going to talk more about it next month.
@Terry Koepp
I have also been interested in tax liens but I didn't know where to go to get info on tax liens and the knowledge I needed in order to invest. I'm planning on attending the next Iowa Meetup.
I figured starting with tax liens would be better start with as my wife and I continue to learn about rentals and how to get my wife's renters and landlord app to work in the USA.