How to Invest in Florida Tax Lien Certificates
- 1). Select the county or counties in Florida you'd like to buy tax liens from.
- 2). Call each county courthouse and ask for the website address of the tax lien bidding website, or search for each specific bidding website online.
- 3). Register with each county's tax lien auction website, and note any documentation that must be completed before the auction dates.
- 4). Note the auction dates and be sure to familiarize yourself with the bidding rules. Some counties will require you to set up an expected spending budget before the auction begins, while others will require a preliminary deposit.
- 5). Submit all required paperwork via the online website, in person or through regular postal mail. At a minimum, a W-9 form is required for reporting investment income to the IRS.
- 6). Review the list(s) of properties that are expected to be available on the dates of the tax lien sales, and select those you are interested in.
- 7). Research your shortlist of properties and visit them in person, if possible, to ensure you are fully aware of what you will be bidding on.
- 8). Log into the auction bidding site early enough on auction day to ensure you're fully set up to begin, and then enjoy the auction.
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