A three-step strategy to save tax when selling appreciated vacant land

A three-step strategy to save tax when selling appreciated vacant land

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land sale

Let’s say you own one or more vacant lots. The property has appreciated greatly and you’re ready to sell. Or maybe you have a parcel of appreciated land that you want to subdivide into lots, develop them and sell them off for a big profit. Either way, you’ll incur a tax bill.

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Why Investment Real Estate is a Great Investment

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I believe that investment real estate, when purchased wisely and taken care of properly, has the potential to make almost anyone wealthy over the long term. Investment real estate is powerful because of the way it is taxed, the way it can be financed, and how easy it is to improve.Continue Reading: Why Investment Real Estate is a Great Investment