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Illinois Form Rl 26 L Form

Illinois Form Rl 26 L Form

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Instructions and help about Illinois Form Rl 26 L Form

Welcome back, I'm Ted Thomas and in this episode, I'm going to discuss how to buy  tax lien certificates in Illinois.   I'm also going to give you some inside tips on  how to make money with those tax lien certificates   and then I'll conclude. Hang in there to hear this,  you want to make sure you avoid mistakes at the   auction. I'll tell you about 2 big mistakes when  I finish up so stay tuned, I'm coming right back. How to buy tax lien certificates in Illinois?  Now, here's a little background in Illinois   in case you didn't know. They have 102 counties  but the tax rate that they pay is absolutely   phenomenal. So, let me explain all this. In those  102 counties, if you don't pay your tax and someone   does pay the tax, they're basically selling you a  tax lien certificate that can pay up to 36 percent   interest. Now, the largest county within Illinois is  Cook County followed by DuPage which is basically Chicago and the north end of Chicago. They can  pa

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