Is it good to invest in land. How much tax we have to pay when we sell. Tax parkage in usa.?
Very good ! taxes depends on location. When investing in land you have to really consider how long of an investment you are looking at and whether or not this is purely a lifestyle investment or a financial investment. If it is purely financial then you need to focus on when you would like to see a return on investment. So you would evaluate the rate of development of the local cities in an area. If you figure that a city expands on average 2 miles a year then you can calculate when a developer may be intrested in purchasing your property. If it is a personal investment then it is really more a quesiton of where you wish to purchase this land for personel use.
As for taxes that really depends on what state your land resides in.
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