New Orleans' annual property tax sale begins this week. Here's what to know.

New Orleans property owners with delinquent taxes have until Thursday to pay off amounts owed before delinquencies are put out to bid.

The New Orleans Bureau of Treasury announced this week that its annual tax sale will run Oct. 21-23 for unpaid taxes from 2022, 2023 or 2024. Back taxes for years prior to 2022 must be paid in full before payments can be applied to the last three years.

Residents and interested buyers can see the delinquent properties up for sale by visiting www.CivicSource.com .

The sale marks the last under Louisiana's current system, where investors pay off the delinquent debt through a tax sale and original owners have three years to reclaim their property by making good on that debt at 1% monthly interest, including a one-time 5% penalty.

At the end of that pe