Buying Raw Land? Here’s What You Need To Know Before You Break Ground
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Here is the biggest mistake Clint Coons, Esq. sees people make who invest in raw land: owning it in their own name. Owning raw land in your own name exposes you to huge liability risks. That's why it's important to hold the title of your raw land investments in an entity like an LLC or a trust. Doing so not only protects you from potential legal issues but also reduces the tax burden associated with owning raw land. #RawLand #LLC #LegalExpert | Anderson Business Advisors
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Transform raw land into valuable assets! Depending on location and zoning, raw land can be developed into residential, multifamily, or commercial properties, generating multiple revenue streams. As home and rental prices rise, your investment becomes increasingly valuable. Discover the potential of land development with the Lee Arnold System. Visit our website to learn more! #realestate #FinancialFreedom #PersonalFinance #FinancialPlanning #realestateeducation #Investing | The Lee Arnold System
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