Tax strategies every real estate investor should know about land banking
Oct 14, 2024
For many savvy real estate investors, land banking can be a strategic investment with a favorable long-term payout. However, as you acquire land, it’s important to know and understand its tax implications to ensure you minimize your overall tax liability and maximize your investment.
Below is an overview of land banking and key tax considerations to keep in mind as you build your real estate investment portfolio.
Land banking explained
Land banking is the acquisition and holding of undeveloped…