Quote:
Originally Posted by bimmer456
If it's $5000 purchase price then yes maybe $10 property tax or you could dump $5000 in the stock market and make just as much or more over a period of 2-3 years and pay nothing until you sell it.
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California taxes are not the same
Plenty of agricultural incentives among other things, but even without the incentives, the taxes are effectively non-existent for undeveloped land out this way. Despite all this, this purchase isn’t really comparable to stocks. Something nice about having your piece of the rock to go walk around on. Tangible and enjoyable.