Landbank Your Money

Investors/Trusts/Families needing 10-50 year investment opportunities. Great Opportunity for Tax deferred 1031 Exchanges

Advantages of Buying or Investing in Land

-Buying cut over/ replanted land for 15-25 year returns. Buying timber land gives long term income when put into a revolving 25-40 year plan of harvesting and replanting, using genetically superior tree seedlings. Additional income from periodic thinning.

-Ownership of income producing farmland receives special "farm use" exemption for property taxes. Property increases in value or is stable and the tax rate is reduced because of the "farming" activities. (Minimum proven $1000 income per year from farming activities) Minimum "farm use" tax is recaptured for past 3 years at full value tax rates when sold, unless sold for farm use.

-Federal, state and county supported programs which earn money for the land or money for improvements i.e. flood control, erosion, fallow land credits, pond construction, conservation easement....

-Creating cash flow. Rental of the land for farming activities, hunting, storage for business... Annual or long term leases set up on a per acre basis. Rental of any buildings on the land, homes barns... Creating additional revenue sources: housing, pastureland, allowing use for research projects may require additional capital investment. Banking sources seeking loans for long term investment / timber/ farming operations. ex. Ag Carolina, Farm Credit.

-Historical balanced investment appreciation in farm and timberland. Safe long term investment. Personal recreation and family benefits accrue by having a rural focus for family activities.

-Locational buying long term investment land. As population centers grow, the value of your investment land increases (Invest ahead of growth patterns). Urban growth follows major transportation arteries and utilities.

Contact us at RealPro Realty about your property to sell or investment requirements. 919.481.9000

Colin MacNair, CRB, BIC
August 2010