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Thread: US Tax Leins

  1. #71
    Join Date
    May 2006
    Location
    Mordor
    Posts
    1,048

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    All most interesting. I have seldom seen "investments" of this nature be successful.

    This is the way I look at such ideas: there are 300 million people in the USA which includes quite a few million smart and wealthy individuals. Additionally there are some millions of not-so-clever people who get into day trading, futures, ebay auctions etc trying to find the magical golden egg.

    Now - with all those Americans looking for ways to make money, why do they overlook tax liens? Why is it that people on an obscure Pacific island can be more clever and raid this wonderful opportunity.....????

    The same logic can be applied to Gold Coast apartments, Australian olive groves, vineyards etc. If an investment promoter has to come to NZ for funds, something just aint right.......


 

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