Another Tax Query

[cgj1981]

Just reading more of Robert Kiyosaki and am wondering if here in Australia (or Victoria) we have anything similar to the Tax Lien Certificates ? i.e. where you pay the property taxes of someone who refuses to pay or who are late in paying & then that person at minimum is indebted to you the amount of the tax + a high interest component and if this remains unpaid you have claim to their property.

Also as a side issue I am wondering what the Property and/or Land tax rates are in Australia, or more specifically Melbourne ?

Thanks

Chris

 

[DaleGG]

HI

No, we do not have tax lien certificates here in Oztralia. Pity!

As for land tax in Victoria, it can be found at

http://www.sro.vic.gov.au/

good luck and have fun

Dale

 

[sundirtwater]

buying property debt

Does anyone know whether we have any way in Australia to buy an option to buy an outstanding debt on a MIP distressed house, as per our US friends?

 

[Propertunity]

Does anyone know whether we have any way in Australia to buy an option to buy an outstanding debt on a MIP distressed house, as per our US friends?

No, we do not do that here in Oztralia either!