About this property
I'll give you the details first, then let's see if this property is a match.
This beautiful piece of land is fenced, has a pond and a live water creek. It lies on the Buck Creek in Danville Kentucky with good access and lots of State road frontage - about 1/2 mile.
KU Electric - very low power costs.
Call or text Ken or Tom Bluegrass Team EXP Realty Tom can get you in any property in the state - and help you get approved - call or text Tom - 859-583-0347 text today for more information.
Now here's an interesting situation - that might have 'you' written all over it...
I've got a close friend who pays an ungodly amount of taxes (several 6 figures) - yes, he's a high income earner, but he gives almost half of that hard-earned money away every year to the Govt - who steals his money and spends it on inefficient things. No political statement here - just the facts. Am I wrong?...
I tell him all the time - we have real estate to shelter some of those taxes... why don't you? Well, one excuse after another and I don't have to tell you how the story ends - he still focuses on making more money, which makes him spend more on taxes - and I spend more time trying to figure out tax loopholes to spend less on taxes.
Land is one of those double benefits - you get to save on your taxes - AND you get to enjoy the land. And for me, not only do you get to spend quality time and connect with your family - hiking, trail rides, cutting wood, cleaning up branches, hunting - whatever floats your boat. There are many financial benefits to owning land...
I call real estate an IDEAL investment:
I - Income - rent out your fields, sell firewood, lease hunting rights, grow Timber (super tax shelter in a Tree Farm - look that one up).
D - depreciation - even though you can't depreciate land, you can everything else - barns, equipment (check out Sec 179 accelerated depreciation - equipment can be depreciated100% in one year - how bout them apples?)
E - Equity - every month (if you are making payments, you are building equity - and every year land goes up - sometime a little, sometimes a lot - and anything you do to your land (cut in trails, plant special trees (like walnuts), on and on - all builds equity.
A - appreciation - year after year, decade after decade, land goes up in value and timber has always been a good investment over the years - not to mention unlimited losses for decades.
L - Leverage - you know if you buy stocks, it takes $100,000 to buy $100,000 worth of stocks. But real estate you can almost always leverage - 10% down, 25% down, heck there have been many dozens of properties Cindy and I have bought and still have them - that were nothing down 0 - (even I had that much once). 😀
I have our Side-x-side to take you through all the trails and all over this property 859-319-3555 Hunter Bluegrass Team.
more pics + VIDEO for this 109± acre Grazing farm - with a few amazing building sites.
Hunter Bluegrass Team EXP Realty 859-319-3555