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Red Lotus Prep-Free

289 members • Free

11 contributions to Red Lotus Prep-Free
Musssttttaarrrrddddd!!!!
Did you Ket-chup? That's such a corny joke 😂😂😂 Anyway, who has completed all mini courses and are caught up on the course work? Let me know in the comments if there are any obstacles stopping you! Im here to support you!
Poll
7 members have voted
1 like • Feb 11
I’m all caught up
Websites
@Antoinette Apolon is the auditors website the same as the property appraiser or property assessor website?
0 likes • Feb 3
@Antoinette Apolon ok thank you just making sure
My "WHY" & Homework for WK. 1
My "WHY" @Antoinette Apolon It is overdue and time to start working and building for generational wealth & to put my financial situation in perspective so that I can start planning for the future. When it’s my time I want my daughter to have something to fall back on and pass down to her children. I want to be able to maintain financial stability and preserve the legacy that I’ve always desired! How does Illinois host their tax sales? Answer: A. First, the current owner is given a notice of delinquency, which lets them know that they have taxes that are past due. If they fail to pay those taxes by a certain date, a tax lien is created, and the property is listed in a published notice in the newspaper. B. Buyers submit a minimum bid and the property is sold at the highest bid. The buyer is not responsible for back taxes on the property. Catalogs for the current and past auctions can be viewed either online at Illinois Tax Deeds | Illinois Tax Liens or in the Treasurer's Office. C. The county has a lien on your property, your unpaid taxes can be sold at a public auction, A tax buyer may become the new owner of your property and evict you, and. If your mortgage contract requires you to pay your property taxes on time, your lender may file for foreclosure. D. Buyers submit a minimum bid and the property is sold at the highest bid. The buyer is not responsible for back taxes on the property. Catalogs for the current and past auctions can be viewed either online at Illinois Tax Deeds | Illinois Tax Liens or in the Treasurer's Office. When does Illinois host their tax sales? Answer: A. Annual automated tax sales are conducted at the end of each tax cycle (typically in November). Where are sales tax conducted in Illinois? Answer: The tax sale is conducted by the County Treasurer and held sometime after the 2nd installment is due. At this sale, a “tax buyer” can buy your overdue taxes and penalties and place a lien on your property. The tax buyer's payment is then distributed to your local taxing districts such as schools and libraries. Under Illinois law, the Treasurer's Office is required to conduct a Scavenger Sale every two years. At the Scavenger Sale, taxes on properties with three or more years of delinquent taxes are offered for sale. Taxes are sold for cash bids.
2 likes • Feb 1
I stay in Ohio and been looking to buy land and Indiana and Illinois so this was very informative thank you !
🔥 Week 1 of the series is HERE! 🔥
Whew... I’m not even gonna tell y’all how my 7-year-old son gave me cooties that had me sitting in urgent care all morning! 😩😂 But I digress… 🔥 Week 1 of the series is HERE! 🔥 If you haven’t grabbed it yet, make sure you download the syllabus so you know what to expect. 📌 Discussion Post: Drop your WHY—why are you learning tax lien & tax deed investing? What’s your goal? 📌 Homework: Research how tax sales are conducted in your desired county and post your findings in the Discussion Channel. 📢 Want real-time support, accountability, and unlimited access to course materials? Join the Elite Community for live coaching and exclusive resources! 🚀 Click here to join now! Let’s get to work! 💪🏾🔥
2 likes • Feb 1
Week one done ! ready for week twoo!! @Antoinette Apolon
Money and Mindset
Money isn’t just about numbers; it’s about mindset. How we think about money influences how we manage, spend, and grow it. Let’s get real for a moment—what’s your current mindset when it comes to money? Which statement resonates most with you right now? ✨ Drop your vote and tell us why you chose that option in the comments! Let’s learn from each other and grow together.
Poll
7 members have voted
0 likes • Feb 1
@Antoinette Apolon I chose number two because I just recently bought a house and basically I’ve been budgeting and trying to find free resources and classes to get certificates whether it’s in tech whether it’s in gardening just different things. i’m constantly trying to learn something new. I wanna learn gardening so I can save money on food when going to the grocery store. I’m trying to teach my sons about budgeting when they do their chores when they get paid for their chores I teach them how to budget their money. I’m still in the learning process, but it’s becoming easier the more I learn.
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Keaundria Lesueur
3
35points to level up
@keaundria-lesueur-1171
Student

Active 132d ago
Joined Jan 29, 2025
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