Thursday, August 22, 2013

Tax Deductions

The items you can deduct on your taxes when you own vacant land versus improved properties are can be different and sometimes fewer. Check out this article by Solomon Portesky at eHow to be sure you find all the deductions you can use when you own raw land as an investment property.
With all of the discussion of the benefits of home ownership, it becomes easy to forget that these benefits apply, in one form or another, to just about any type of real estate ownership. This can include the ownership of raw land. Whether held for investment or residential purposes, a parcel of land comes with a number of tax deductions built-in.

Full Story Land Property Tax Deductions
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