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Updated over 2 years ago,
Industrial land , zoning advice
My brother owns a 2 acre parcel of land zoned as industrial. He has offered me to lease-purchase the property . I want to build 6 duplexes in the area which will make me fall in a commercial real estate category for tax consideration. Do I have to get the land titled to me before I build? I plan to make a separate contract for the lease purchase agreement.