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Welcome back. Im Ted Thomas. In this episode, what is the difference between a tax lien and a tax deed? Now, when I finish that, Ill also go on and tell you how to some inside tips on how to make money. And before I finish, Im going to show you some mistakes that you really need to avoid so stay tuned, Ill come right back. What is the difference between a tax lien and a deed? So, Im going to give you the who, what, where, when and why of tax lien certificates. So, who issues these things? Well, actually the state legislature authorizes the county to do that, and the county will issue a tax lien certificate if you havent paid your taxes on your property. So, whats really happening here? Well, the tax lien certificate is simply saying this property owner has not paid their property tax. Now, 50 percent of all the counties in the United States will sell tax lien certificates If the owner doesnt pay, theyre going to issue a tax lien certificate. When y