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Real Estate Careers – Work From Home As a Tax Sale Overage Recovery Professional

Article by Maggie Dawson

Those interested in real estate careers should jump all over a golden opportunity that is currently sizzling hot – recovering tax sale overages. There’s no telling how long this opportunity will be around, but the next couple of years are key for making serious money in the real estate industry without owning or selling property. Other real estate careers just can’t measure up.

If you’ve never even remotely heard of a tax sale overage recovery specialist, you’re in the majority – and this is why there’s so much potential income to be made. Most people, including former owners of tax sale properties, aren’t even aware that tax sale overages exist. These are the funds that are bid over the amount of taxes that are owed on a delinquent property, when the county finally gets around to auctioning it off.

These funds are frequently held for their non-paying owners to collect (it is their equity, after all). Most don’t realize it, for whatever reason – they’ve moved on, or just wanted to distance themselves as much as possible from the whole tax sale ordeal and assumed the government kept all the cash. What that means for people looking for real estate careers is that there is a TON of money to be made in finder’s fees for reconnecting these owners with their money.

Not only that, but these funds (and many other types of funds as well!) aren’t governed by state law, since they are usually created locally. That means no finder’s fee caps in most places, whereas state-held funds, like the ones you’d find on treasure hunt state websites, usually limit finder’s fees to around 10%. That means you can charge any finder’s fee you like (40-50% is pretty standard for the few folks who do this as a living).

As you can probably imagine, with foreclosures skyrocketing still to this day, and overages running into the tens of thousands of dollars, as far as real estate careers go, the earning potential here is pretty much unbeatable. 40% of a ,000 overage is a nice ,000 payday for the grand total of 8-10 hours of work most cases require. Now’s the time to get into this field, before the laws change.

About the Author

So where to find records of these funds, and how to find their owners? Read the *free* Hooked On Overages “Insider’s Guide.” Visit http://Tax-Sale-Overages.com now.

Or, take the *free* 5-day Video Training! Visit http://Overages-Training.com now.Distributed by ContentCrooner.com

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Information On Singapore Property Tax

A Singapore Property tax is a tax levied on properties in Singapore. This includes all types of properties such as HDB flats, factories, offices and vacant land. If you or your business owns property, you are liable to pay property tax.

The amount of property tax you have to pay per year is a percentage of the Annual Value of the property which you own. The Annual Value is the estimated yearly rent the property can fetch if it were rented out. The tax rate for owner-occupied residential property is 4% per year. The tax rate for all other properties is 10%.

Property taxes must be paid by 31st January each year. The Inland Revenue Authority of Singapore (IRAS) will compute the annual tax you need to pay and send you the bill in December. Instructions on how to pay property tax are also included in your bill.

Rebates, Relief, Refunds
In order to help keep taxes affordable, encourage certain types of land development and meet business needs, the Government gives out rebates, reliefs and refunds to property owners. For example, if your property has been continuously vacant for at least 30 days or 1 calendar month because of repairs or the inability to find a tenant, you can claim for a refund of property tax for that period.

Property Tax Exemptions
A building is only exempt from property tax if it is used exclusively:

· as a public place of worship

· as a public school

· for charitable purposes

· for purposes that promote the social development of Singapore

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Save On Property Tax

If you live in Texas, you need to understand the nature of the property tax situation in your state. The state operates on property taxes. Local appraisal districts determine the annual valuations, and you can save on property tax by protesting the way these taxes were calculated.

You can dispute your property tax if you feel that it was not determined in a fair and equitable way, if your property appraisal is high, or current market values in the area are lower. You must be notified if they increase your appraised value, and if a fair means wasn’t used to determine the taxes, you have a right to protest.

Appealing your property tax will involve your disagreement with the action that was taken by your appraisal district. You can challenge the district for several different reasons. You might not agree with the market value assessed, or the district might not have taken into account any special valuations or exemptions you qualify for. You may feel that your property was not assessed fairly or equitably, or that their records contain errors such as multiple property appraisals or the inclusion of additions that you do not have. You can also protest simply on the tenet that the manner by which your taxes were assessed was not fair.

When you file your protest, you will get your full property tax information from the appraisal district. Then there will be a process of appeals, whether they are informal or formal. After the hearings, most of which are successful, the ARB will approve the new tax.

If you wish to file an appeal to save on property tax monies paid in Texas, be sure to file the protest or appeal before the tax payment is due, whether you have received your tax bill by that time or not. You can request your tax information at the same time, if you have not received it yet. Protests need to be done with the proper forms, which you may be able to get online, or which you can ask your appraisal district for. On these forms, you will want to note the reason for your protest, whether it is an unfair market value assessment or whether you are saying that the tax is unfairly assessed on your property.

In most counties in Texas, you and your representative can have an informal hearing at the appraisal district office. If you don’t receive positive response to your appeal, you may seek a hearing before the Appraisal Review Board. You will also always have a chance to go through the court system if the ruling of your ARB isn’t acceptable to you.