Whether you buy land as part of an investment potfolio or because you want your own hunting or recreational acreage, this eHow article by Solomon Lander lists many way your propery can help you at tax time.
Vacant land is typically viewed as a speculative investment. It produces no income, has ongoing expenses, and is only profitable if its market value increases in the future. Although this is all true, vacant land is not only an excellent hedge against inflation, but it also generates multiple tax benefits.Join us on Facebook
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