11-17-2019, 07:48 AM
"for whom are these plans approved"?
I recently looked at an 8 acre parcel that was for sale. Along one border was a row of coconut trees. The land had been approved as a coconut farm, but a few years ago the County asked for records, and no coconuts had ever been sold.
The ag designation was rescinded, so the owner put the property on the market after taxes increased - - exponentially.
Does she or doesn’t she, receive a good return on a real estate investment with the added benefit of minimal taxes over a 15 year period? Only her accountant knows for sure.
I recently looked at an 8 acre parcel that was for sale. Along one border was a row of coconut trees. The land had been approved as a coconut farm, but a few years ago the County asked for records, and no coconuts had ever been sold.
The ag designation was rescinded, so the owner put the property on the market after taxes increased - - exponentially.
Does she or doesn’t she, receive a good return on a real estate investment with the added benefit of minimal taxes over a 15 year period? Only her accountant knows for sure.
"I'm at that stage in life where I stay out of discussions. Even if you say 1+1=5, you're right - have fun." - Keanu Reeves