Remember that island called Manhattan that the Indians sold to Peter Minuit for $27?

Verify with your CPA and also check with your CPA if an International Airport or Indian reservation would be far enough out of California jurisdiction, my CPA never answered on the topic and I asked sort of whimsically so I do not hold it against them.Do your homework.I wish you the best!

I'll connect.For Palm Springs or Cathedral City and tons of other places in the desert, before looking to invest, even for retiree communities, MAKE SURE the park is not on Indian Land, or you will have to deal with the BIA and tribes - and  they have expensive lots and restrictive HOAs.

(Nothing is new in real estate, LOL)The only lands I'm aware of without taxation are from Indian grants, and they aren't selling!

I think only about 40% of our land is privately owned the other 60% is owned by the US government in trust for the Indian tribes, BLM, and a small bit of forest land. 

@Yeshudas Nair from Mumbai?

The area continues to get attention from investors because it is a very convenient location and surrounded by very affluent neighborhoods (Mariemont, Maderia, Indian Hill, Oakley).  

Indian casinos in California are providing the same gambling experience without the need to drive. 

This is completely unrelated and has no bearing on the top but...Income from selling drugs is taxable income.IRS Pub 17 - Chapter 12 Other IncomeRight between a blurb about how you have to claim gains but can't claim losses on hobbies, and how Indian Fishing rights are handled...lies this gem."

They just moved the track a tad further east, so you should be relatively fine, as we will too, but martin thru Indian River counties will probably get hit pretty hard.