General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 12 years ago,
adding on to land parcel
I own 12 acres tied to my residence. A neighbor is paying taxes on 3 acres in flood zone adjoining my land. She says she will give me ownership if I take over taxes ($300 a year total). Would you say this would be an investment as it now enlarges my parcel to 15 acres?
Land value for development land is over $20k in my area.