The rest of the land isn’t really easy to build on so It is virtually worthless to you.Let's say you paid $5MM for the facility based on NOI and the land came with it, virtually free.So you decide to get the property appraised for development value and donate it to a land conservatory.The appraiser runs some comps on other land recently purchased to get you a value.They come back and tell you the current development value of that land is $50,000 an acre. $50,000 times 15 acres equals $750,000.You give that $750k development right to an agency, and It is treated as if you gave $750k to the Red Cross.It's a huge deduction.Depending on your tax bracket, that tax deduction could be worth several hundred thousand dollars to you.It's a pretty big deal.

Our liquid net worth is around $1.1mm; we have an additional $480k in equity in our home and a piece of land we own.

As ravens fly across the sky,I pass agreements swiftly by.No need to claim the haunted land,Just find another eager hand.A trader's art without a trace,What practice runs this spectral race?"

Play ball with them.Be prepared to follow through on the agreement.

And the 24 door funnel plays for all of these roofs and rehabs and the ball just keeps on rolling into one giant snowman.

here’s a real life example using your buy pointproperty bought $300KLand value $37k, leaving $263k as building value (land can not be depreciated)Having a cost segregation done, you can accelerate depreciation.

Welcome to the land of self employment

@Amy Falson and @Michele Richard I can email you deals that come my way in the Chicago-land area(s).

I also had offers for cash and Land contracts.

One land lord friendly ( jackson MS) one Not landlord friendly Portland OR metro with its rent control and other very tough rules.