Society Archives
Who is buying land now? – Baby Boomers (Part 1)
For the next few posts, we’ll discuss who is buying land these days. The first group we’ll focus on is the Baby Boomers, or as they should perhaps be called, the “Land Boomers”.
Who is buying land now?
Now that we know why we should buy land now, let’s look at who is buying land now. Quite frankly, everyone is getting in on this latest land rush in the U.S. From retirees looking for a place where they can spend time with their grandchildren to the young couples that wants to live their [...]
Who is buying land now? – Retirees
People nearing retirement age have been prowling for 100-acre properties and smaller, said Charles Gilliland, research economist with the Real Estate Center at Texas A&M University. That’s helped lower the average acreage involved in a land sale.
But at the same time, real estate agents say some high-dollar investors are looking for a stable place to [...]
Election Impact on Buying Land
Both presidential candidates appeared to favor keeping all three homeowner tax breaks “as is,” though information was sparse on the deductibility of property tax and the capital-gains exclusion.
The Big Three only benefit those who itemize deductions. Itemization increases significantly as income rises. McCain is against a mortgage tax credit for families who don’t itemize. Obama [...]
The Big Three Homeowner Tax Breaks
Yesterday, I discussed a few of the tax benefits land ownership provides people as it relates to IRA Roth accounts. If you’re a homeowner, you understand the taxes you pay aren’t cheap. BUT there are other tax benefits to being a homeowner that help offset the taxes.
Here are the BIG 3 homeowner tax breaks:
1) The [...]
The State of the Land Market - Part 3
There are still many opportunities in today’s land market for the savy investor to make money. Timberland seems to be one of the safest investments that one could make in terms of holding on to purchasing power.
The State of the Land Market - Part 1
These days, there is so much speculation and misinformation about what is going on in the land market. I just read this article by Robert King and was impressed by how accurately he sums up so many of the questions I’ve been getting asked lately.
What Makes Land Valuable?
“Value” is a word that everyone uses, but what does it mean and how is it measured? What makes some real estate valuable and some not?
The Effects of Population Increases
As long as our overall population continues to increase the demand for land will be present.
Get it Before it’s Gone
The market for rural land in most areas is transparent. Land of all types is a finite resource. Good land — however defined — is even more finite.
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