Like others have mentioned that seems pretty cheap but if the area is good and there are no major renovations or deferred maintenance(e.g. old furnace, water heater) that would be cost prohibitive to you in the first few years of owning it, it seems it could be a good opportunity. 

Hello BP,I’m just learning about 100% bonus depreciation and how Trump pays no taxes… who qualifies for that?

The biggest thing that helps me to make a profit on vacant parcels is not to pay much for them in the first place and to find property owners who hate paying tax on some piece of dirt they never set foot on.  

Adding them to the title to avoid the property tax hike that will happen once my kids inherit the property. 

*NOT a tax expert/CPA!

Everything weighs in.Step 2: Highlighting the Tax BenefitsTax breaks are a big inducement for many investors.

I do know there's tax benefits and tenants paying the mortgage off for you.

As property values go up, investors can make a nice, tax free return on borrowed money.

How does the tax-deductible work in this situation?

How does the tax-deductible work in this situation?