Earn 12% Return with Low-Risk Kentucky Tax Liens

Sale Details

Kentucky Tax Lien – Yearly varies Throughout the Year

Redemption Period

1 Year

Interest Rate / Penalty

12%

Bid Procedure

Sealed Bid – First Come, First Serve Basis

Online Auction

Nope, you’ve got to show up in person

Number of Counties: 120

Useful Links

Adair County Website

KRS § 134.119

If you’re looking for a way to make some extra cash with a pretty safe bet, Kentucky tax sales might be just what you need. In Kentucky, when someone doesn’t pay their property taxes, the local government sells a “tax lien certificate” to investors like you. This gives you a chance to earn interest on your money, and if things work out in your favour, you might even end up owning the property. Let’s break down how it all works in simple terms.

What’s the Deal with Tax Liens in Kentucky?

So, here’s the basic idea: When property owners in Kentucky don’t pay their taxes, the county steps in and places a lien on the property. As an investor, you can buy that lien, which means you’re paying the taxes for them. In return, you earn interest when they finally pay you back. If they don’t, you could end up owning the property for just the cost of the back taxes.

Why Kentucky Is a Good Spot for Tax Lien Investing

So, why should you think about investing in Kentucky tax liens?

○ High Interest Rate: A fixed 12% interest rate makes it appealing and gives property owners a reason to pay their taxes sooner rather than later.

○ Backed by Real Estate: If the property owner doesn’t pay, you might end up with the property itself. So, your investment is pretty secure.

○ County’s Got Your Back: The government ensures you’ll either get your money back with interest or have a shot at owning the property.

○ Lots of Opportunities: With 120 counties running tax lien sales, there are plenty of chances to find a good deal.

How the Kentucky Tax Lien Sale Process Works

Here’s how it all plays out when you decide to dive into Kentucky tax lien investing:

1. The County Issues the Lien: When someone doesn’t pay their taxes, the county places a lien on their property.
   
2. Auction Time: The county auctions off the lien to investors like you. In Kentucky, this happens through sealed bids, and you must be there in person to participate.
   
3. Waiting Game: The property owner has a year to pay you back with 12% interest.
   
4. You Could Own the Property: If they don’t pay up, you can start the process of taking over the property.

A Few Things to Keep in Mind

• No Online Auctions: Kentucky isn’t set up for online tax lien auctions, so you’ll need to be there in person.

• No Over-the-Counter Sales: If a lien doesn’t sell at auction, you won’t get another chance to buy it later.

• Do Your Homework: Always check out the property before bidding to ensure it’s worth your investment.

Kentucky Tax Lien Auction Frequently Asked Questions (FAQs)

1. How often do Kentucky tax lien sales happen?
   
   • They take place once a year, but the exact date depends on the county.
     
2. Can I participate in these auctions online?
   
   • Unfortunately, no. You need to be there in person to take part in the auction.
     
3. What happens if the property owner doesn’t pay?
   
   • If they don’t pay within a year, you can start the process to take over the property.
     
4. Is there any risk involved?
   
   • Like any investment, there’s some risk, so it’s smart to do your research and check out the property before you bid.

Where to Invest: Some Kentucky Counties

Here are a few Kentucky counties where you can look into tax lien sales:

Why Kentucky Tax Liens Might Be for You

If you’re looking for a way to earn some solid returns with a fairly safe investment, Kentucky tax lien certificates are worth considering. With 120 counties holding sales each year and a strong 12% interest rate, there are plenty of opportunities to get involved. Plus, with your investment backed by real estate, it’s a pretty secure option.

Don’t miss out—start researching properties in Kentucky today!

Need help getting started? Reach out for guidance, book a consultation, or explore our FREE resources to learn how to make the most of Kentucky tax lien investing.

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About Dustin Hahn

Dustin Hahn is a Tax Lien & Deed investor with over 22 years of experience and hundreds of deals under his belt. He created Tax Lien School.com to help you buy Tax Deeds up to 90% off mortgage free and earn up to 36% ROI with Tax Liens. This site was voted the “Most Useful Resource” for new investors. Dustin’s YouTube Channel is the #1 Channel on Tax Liens & Deeds with over 98,000 Subscribers and 3600 videos to help you start. “The Best Time To Start Real Estate Investing Was 20 Years Ago, The Second Best Time Is TODAY!”

20+yrs

5–10deals/mo

2009TLS founded