Kitchen has the light brown cabinets in excellent shape.

Setting up an LLC/Series LLC, and a land trust with your operating agreement is not as much as you would expect.

Land that I already own is listed for sale, no dice, not looking to reduce price.

I own a 3 unit multi family that is part of a 2 piece parcel of land.

I have been reading about the costs to build a duplex and begin renting, but thought my situation was a bit unique and so I decided to make my own post.A few years ago we inherited a house and land in town close to a local graduate school for physical therapy, occupational therapy, physicians assistant, etc. 

if you buy, develop properties and then sell them.You are considered a 'developer' and the land / houses are inventory. therefore, the income would be ordinary and not capital gains.

Land area spans from Rio Grande City to South Padre Island.I think it's not heard of often bc we're not as mainstream as other big cities and we are also a border town so cartel violence tends to be the issue that comes up.. but Mcallen has actually been ranked top 3 in one of the safest cities to live in in 2023. 

It was built in 1973, is in fantastic shape but dated, has a 4 year old roof, is in a good part of town, 1,100 square feet upstairs as well as down and both apartments are 2 bed 1 bath.  

As a civil engineer with expertise in road design, I am now looking to shift my focus to land development.

May also want to maximize square-footage of property in comparison to land size, since land does not contribute to costseg3. costseg/STR: after one year, convert the entire building to AirBnB rentals4.