@Stuart UdisYou forgot to have the Wyoming LLC owned by a Delaware holding company that has the asset then put into a land trust.Then seek 100% financing because you are broke from spending $10,000 setting up this corporate structure to protect the zero assets you have.

ARV is irrelevant for taxes.Then you subtract land value and depreciate the rest.

I am under contract with a land deal, on Marrowbone Lake In Joelton.

I would be open to any additional questions you have about property management apps and/or land lording. 

Networking is not just about making deals; it’s about building relationships that can support your growth as an investor.These financial lessons, particularly in real estate investing, have shaped my retirement planning and helped me build a more secure future for myself and my family.

Congrats on crushing the exam and landing with a solid brokerage—that’s awesome!

Because the facts simply do NOT support that in any way shape of form. 

Asset hunters find unique assets and things others can't see (extra land for an ADU, extra room for another full bath, etc.).

My wife and brother-in-law inherited their mother's house via a land trust and it was great in that it avoided probate.

There might be some exceptions when it comes to oceanfront land, where you might only be able to lease but that's the exception rather than the rule.