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18 January 2022 | 2 replies
Subdivided the land into 2 lots and sold for $93,000, and used the remainder to provide access to a 25 acre tract behind it.4.
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21 May 2022 | 2 replies
South Mississippi - I purchased a tract of land as an investment (51 acres), the land is flat and has over 2,500’ of road frontage on one side and around 100’ of frontage on another side.
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5 February 2022 | 0 replies
We are under contract for a tract of land in the mountains of NC.
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14 February 2022 | 7 replies
It has neighborhood growth, some crime stats, economic to the the census tract as well.
13 February 2022 | 4 replies
Any suggestions on how to find an investor that would invest in a newbie for little profit on my end just to establish a connection and tract record of success to start this going and keep it going .
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22 February 2022 | 7 replies
A lot of times they put both a primary and an ADU on each new tract.
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16 October 2022 | 26 replies
Without a doubt, it will make certain areas more densely populated but if people really want "rural", then they are free to move from LA to Ojai and if they want endless seas of single family tract houses on 7,000 square foot lots they are free to move to Phoenix.6.
16 October 2022 | 0 replies
HELLO ALL:* Our two-member LLC (husband and wife) purchased a tract of investment property.* Our son contributed $$ to our LLC towards the purchase of the investment tract with the agreement that any gain at sale will be proportionately divided between the three parties.* On the books our son's contribution was treated as a loan, but we now realize his gain would be reported as ordinary gain and not eligible for long term capital gain.* My plan is to (1) create a new LLC with 3 members (husband, wife and son); (2) quitclaim deed from original LLC to new LLC; (c) sale after 12 months would be capital gain to all members.But this is where I get stuck.
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5 April 2022 | 7 replies
https://parks.ny.gov/shpo/tax-...New York State Historic Preservation Tax Credit Program for Income Producing Properties Owners of income producing properties that have been approved to receive the 20% federal rehabilitation tax credit can additionally claim a state tax credit if the property is located in a qualifying census tract.
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28 February 2022 | 3 replies
Looking at a couple of properties to do a 1031,one of them is a small tract (5 acres) with five singlewides rented generating $2,700 of monthly rent.