Tax Lien$ [Paperback]

Michael Pellegrino (Author)

Book Description

Publication Date: March 22, 2005

Make money by paying other people’s taxes! Income tax, sales tax, real estate tax ...everyone hates to pay taxes. But most people don’t know that there is a way to make great profit from taxes. This book will tell you how to invest in high yield New Jersey tax liens that are secured by first priority liens on real estate.

"High Interest" and "Low Risk" are very attractive terms these days. New Jersey municipal tax liens accrue interest at up to 18%, they’re secured by a first priority lien on property chosen by the investor, and they offer the added bonus of possibly obtaining ownership of the property for a low cost.

You will discover:
How to buy tax liens in New Jersey
How to choose the right liens
How to "grow" your lien by paying subsequent taxes
How the foreclosure process works
What pitfalls to avoid

Editorial Reviews

Review

"Required reading" for anyone who has, or plans to invest in tax liens. "The" Book on this subject. -- Steven Yeskell, Certified Financial Planner & C.P.A.

The most useful and focused work I've seen on tax lien investing in New Jersey. -- Jay Wolfkind, Tax Lien and Real Estate Investor

Written by a leading NJ tax lien attorney, this book clearly and effectively summarizes New Jersey tax lien investing. -- Myron Weinstein, Esq., former Chief of the N.J. Foreclosure Unit of the Superior Court, and President of Garden State legal Services

About the Author

Michael Pellegrino is a New Jersey attorney who has focused his law practice on municipal tax liens and related litigation. He has foreclosed thousands of tax liens for private investors and municipalities, and he has handled several landmark tax lien cases. He has published many articles and he regularly lectures on this subject for the New Jersey Bar Association, investment clubs, and other organizations.

Product Details

• Paperback: 133 pages
• Publisher: Neepaulin Publishing (March 22, 2005)
• Language: English
• ISBN-10: 0976523302
• ISBN-13: 978-0976523307
• Product Dimensions: 8.9 x 5.9 x 0.4 inches
• Shipping Weight: 7.2 ounces (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (11 customer reviews)
• Amazon Best Sellers Rank: #328,744 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

5.0 out of 5 stars Tax Lien$ by Michael Pellegrino, November 29, 2005

By 

Philip Chan "TLC Book Reviewer" (Princeton, New Jersey) - See all my reviews
(REAL NAME)   

This review is from: Tax Lien$ (Paperback)

I love this condensed book. It was written specific for New Jersey. Very well organized, logically arranged and extremely informative, much better than the other Tax Lien guide books for New Jersey.

Three cheers for the author!!!

8 of 9 people found the following review helpful:

5.0 out of 5 stars Must Have for Anyone Investing in NJ Tax Liens, June 27, 2006

By 

Joanne Musa "The Tax Lien Lady" (East Stroudsburg, PA USA) - See all my reviews

This review is from: Tax Lien$ (Paperback)

This is a book that I refer to often for my tax lien investing in New Jersey. New Jersey has very complicated tax lien laws and has become a very competitive state to buy liens in. I recommend to anyone who want to get involved in investing in New Jersey tax lien certificates that they read this book first. I found the chapters on foreclosure and what can go wrong very helpful.

5 of 5 people found the following review helpful:

5.0 out of 5 stars Great book!, March 26, 2006

By 

Chris Knight "Bowling maverick!" (Bergen, NJ, USA) - See all my reviews

This review is from: Tax Lien$ (Paperback)

As a lay person who doesn't do this for a living, this book was an excellent guide and great resource. Almost invaluable! To an investment area previously dominated by the large guys, beware of this book... here come the small fries! Thanks!