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Justin Bieber Missed His Tax Bill...
The Ethics Of Making Money, Bieber Missed His Taxes, Tariffs & How They Will Impact The Economy, Food Prices Are Going Up, What Are Tax Deed Auctions, The Big Tax Opportunity, Office building values could plummet by half and more...
Economic Ninja
November 10, 2024
The Daily Ninja 11/10/24
🏠 In California, supplemental property tax bills can surprise new homeowners within the first six months of ownership, primarily aimed at getting unpaid taxes current rather than foreclosing.
💰 Riverside County, California, operates as a tax deed county, auctioning properties with unpaid taxes after five years, starting bids at back taxes plus fees and interest.
⏰ Property taxes in Riverside County incur a 10% penalty for each late installment, with deadlines on December 10th and April 10th, becoming tax defaulted on June 30th if unpaid.
📈 Tax foreclosure auctions in California are experiencing high demand and significant backlog, with potential for substantial profits from flipping homes after market crashes.
Get the new Tax Lien Pro Bundle On Pre-Filming Sale Here: https://taxlienninja.com/bundle
🌍 The US government has been exporting inflation around the world, impoverishing countries, and turning them into slaves, according to the video.
🏆 The video claims Trump should get the Nobel Peace Prize if he stops the Ukrainian War, despite mainstream media narratives.
💣 The US government allegedly wants to start a war with Russia while simultaneously attempting to destroy Russia's economy and devalue the ruble.
🇨🇳 China is portrayed as a major threat due to its natural resources and economic system, while building more aircraft carriers than the entire US fleet.
🇷🇺 Russia is presented as dominating global natural resources with $75 trillion worth of coal, gas, oil, timber, and rare earth metals, compared to the US's $45 trillion.
🗳️ The 2020 US presidential election was allegedly influenced by hypnotic manipulation using specific colors targeting special individuals, according to the Economic Ninja.
🇩🇪 Germany's embrace of green energy and zero carbon ideology under Angela Merkel has led to impoverishment and cultural disruption due to migrant influx.
💰 The Federal Reserve is tightening lending standards and not supporting the new US president in January 2021, potentially leading to a mini depression.
🏭 Tariffs on China and Japan will cause short-term economic pain but ultimately benefit the US by forcing companies to build factories and employ Americans.
Get the new Tax Lien Pro Bundle On Pre-Filming Sale Here: https://taxlienninja.com/bundle
🌍 Global food prices are rising sharply, with a 2% increase in October and a 5.5% year-over-year jump according to the FAO food price index.
🛢️ Vegetable oil prices have spiked 7.3% in October to a two-year high, driven by production concerns and supply chain bottlenecks.
🌐 The FAO food price index has risen for two consecutive months, signaling a potential trend reversal after falling for much of 2022 and 2023.
🏗️ New trade alliances forming and old ones being destroyed based on the past four years will likely worsen supply chain issues.
📊 The FAO food price index averaged 127.5 in October, indicating a significant uptick in global food costs.
Get the new Tax Lien Pro Bundle On Pre-Filming Sale Here: https://taxlienninja.com/bundle
🚨 Senator-elect Angela Alsobrooks failed to pay property taxes for 13 years, accumulating a $47,000+ debt despite inheriting the home in 2003, raising questions about her fitness for public office.
💰 Alsobrooks received undeserved tax discounts for over a decade, claiming ignorance of her ineligibility, yet benefited from a deal removing penalties and interest on her outstanding balance.
🏠 In Washington D.C., unpaid property taxes lead to tax liens and public auctions, potentially resulting in foreclosure within 6 months if owners fail to redeem the lien.
💼 The Ninja suggests that tax delinquency foreclosures can be a lucrative opportunity for investors to purchase properties at discounted prices.
📅 Despite paying $177,000 towards her debt in October 2022, Alsobrooks still owed $29,000+ with a looming October 31, 2022 deadline to settle the full amount.
💰 Tax lien investors can exploit homeowners' financial struggles to make 32.5% returns in 30 minutes by forcing foreclosure sales on properties with over 7 years of unpaid taxes.
🏠 Investors can acquire properties for 25 times less than their value through tax liens, profiting from owners unable to pay 18% interest and fees before the property goes to tax sale.
🏢 Opportunistic investors can purchase entire condo complexes with 200 units for as little as $350,000 through tax lien sales, capitalizing on widespread financial distress.
🚨 A looming tax sale and foreclosure crisis is anticipated, with over 950 foreclosures already registered in Dallas by mid-July, indicating widespread economic hardship.
Get the new Tax Lien Pro Bundle On Pre-Filming Sale Here: https://taxlienninja.com/bundle
🏢 Office building values could plummet by half in many cities due to remote work, triggering massive tax foreclosure sales of over 1,000 properties nationwide and severely impacting local budgets.
💰 13 major cities face potential revenue shortfalls of up to $1.5 billion by 2031 due to declining commercial property tax revenue, threatening essential public services.
🏗️ Investors are acquiring commercial properties at tax auctions for merely 10-20% of their value, while residential properties are selling for 50-70% off, creating unprecedented opportunities for bargain hunters.
🏚️ The pandemic has led to a massive uptick in tax foreclosures nationwide, with over 1,000 properties on the books for sale as local governments desperately seek to recoup lost revenue.
🔗 Many foreclosed properties come with IRS tax liens, allowing savvy investors to acquire assets for pennies on the dollar despite the potential complications.
Get the new Tax Lien Pro Bundle On Pre-Filming Sale Here: https://taxlienninja.com/bundle
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