How to Make Money on Vacant Land

Thursday, 30 August 2012 by

By eHow Contributor After reading this article you will be able to take a vacant plot of land and turn it into income. Instructions o 1 Owning a peice of vacant land can be a downright money drain, all you ever get from it is tax bills never any income until you decide to sell

By Joseph Nicholson, eHow Contributor All real estate appraisal is local. There’s no single formula that can be used to appraise vacant unbuildable land simply because there are so many potential factors that depend on the local market and the land itself. There are, however, a few different approaches and some guidelines for those looking

By Ann Johnson, eHow Contributor When hiring a Realtor to market vacant land, the seller often relies on the Realtor’s expertise when determining a listing price. The Realtor utilizes the knowledge he has in local land values when making the assessment. The Realtor’s assessment is his educated opinion, and not a guarantee of what a

What is Investment Property?

Wednesday, 22 August 2012 by

Any property that is purchased with the intent of gaining a return is considered investment property. Investment property can be an apartment building, a duplex, a single-family dwelling, vacant land, commercial property — basically any type of real estate. The term investment property usually describes property that the owner does not occupy, but in some

By Jeff Franco, eHow Contributor Whenever you sell a capital asset, such as vacant land, the Internal Revenue Service wants its share of the profit you earn. This is because your profit represents a capital gain that is subject to a separate form of taxation under the income tax laws. However, the amount of tax

Commercial Property

Friday, 17 August 2012 by

Real estate property that is used for business activities. Commercial properties fall into many categories and include including industrial properties, shopping centers, farms, offices, or even vacant land. Common examples of commercial property include the grocery store you regularly visit and the office buildings found near major urban centers. It is possible to monitor the

What Is Deductible When Selling Land?

Wednesday, 15 August 2012 by

By Michelle Hornaday, eHow Contributor The Internal Revenue Service provides many tax advantages to homeowners selling real property with improvements, such as a house, in the form of deductions for mortgage interest and gains realized from a sale up to $500,000 for couples filing joint returns. When vacant land is sold, fewer expenses may be

How to Price Vacant Land

Friday, 10 August 2012 by

Just like finding a price for a home or commercial building, pricing a piece of vacant land will involve comparing your piece of land with others for sale in the area. But there are a lot of variables. The size is crucial, as is the location and what kind of real estate market in which

By Jeff Franco, eHow Contributor Whenever you sell a capital asset, such as vacant land, the Internal Revenue Service wants its share of the profit you earn. This is because your profit represents a capital gain that is subject to a separate form of taxation under the income tax laws. However, the amount of tax

Real Estate Investment Trust – REIT

Wednesday, 01 August 2012 by

A security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate. Equity REITs: Equity REITs invest in and own properties (thus

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