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Updated about 7 years ago,
subdivision
Well it's getting exciting, or scary now, just got done drilling two new wells for two lots that did not have wells, and unloaded big big road building equipment yesterday to build new road into our 4 lot subdivision. Hopefully a lot sells right away to pay off most of the bank borrowed money. Is there any way to not write the IRS a huge check from the sale of these lots. My CPA likes to sometimes play it too safe. Maybe there are legal loopholes that one can exploit,without ending up in the pokey.