i think that leaseing would be more costly then buying that land
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That's entirely up to the terms of the lease. In theory a company could choose to lease a building for any $ amount a day, that would most likely be much lower than buying. I think people will only get into leasing the land if it's profitable to them, so lease can't be that high. Remember when we are talking about buying we are at multiple 100k.
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That's entirely up to the terms of the lease. In theory a company could choose to lease a building for any $ amount a day, that would most likely be much lower than buying. I think people will only get into leasing the land if it's profitable to them, so lease can't be that high. Remember when we are talking about buying we are at multiple 100k.
which also means that the leaser will likely charge enough to make a profit within a reasonable amount of time
which also means that the leaser will likely charge enough to make a profit within a reasonable amount of time
yeah, but I kinda see it the same as with wages. You can only make them so high, before operating becomes unprofitable and you stop paying this wage. The same is here, if you can't turn a profit with paying the lease, then you would stop leasing. If no one is paying the lease, the price for the lease would drop to attract new leasers - supply and demand
yeah, but I kinda see it the same as with wages. You can only make them so high, before operating becomes unprofitable and you stop paying this wage. The same is here, if you can't turn a profit with paying the lease, then you would stop leasing. If no one is paying the lease, the price for the lease would drop to attract new leasers - supply and demand
In first need to to introduce universal price for lease and later it may use demand supply
In first need to to introduce universal price for lease and later it may use demand supply
why would there be a need to introduce a universal price? There is also no universal price for appartment rent or how high the interest of your bank deposit is. If you were interested in leasing land you would calculate the daily lease as a business expense like wages or materials to see if you can turn a profit.
which company? the retail? the apartments?
and what happens if there is still stock in the retail or someone is living in the retail when the lease ends?
I mean if you leased a land slot with an apartment building already on it, then after lease it should, together with it's tenants, be transferred back to the owner of the land. Same for every time you lease land that already has a business on it. If you lease land with a retail store on it you should receive your stock back, but the building on the land goes back to the owner when your lease ends.
The biggest problem I see with this idea so far is how to handle leasing land with no construction on it. If you lease empty land and construct on it, the owner of the land should have to compensate you in some form when the lease ends and the land goes back to the owner as it now has a construction on it.
By building passive income through land leasing, you can achieve long-term financial stability. You may need to prepare or improve the land before marketing it. This could include clearing, fencing, adding road access, installing utilities, or building structures like barns or sheds.Pros. Lower upfront price: If you're trying to buy a home but discouraged by the price tag, buying a property on leased land could be more affordable and require a lower upfront outlay. Lower property taxes: When you're only taxed on the property, and not the land, your property tax bill will likely be lower.Leasing land for farming is one of the most straightforward ways to increase income. Landowners earn steady cash while supporting local agriculture by leasing seasonal crops or grazing. Many farmers look to rent extra space for growing crops like corn or wheat or for grazing cattle.the leaseholder
Ground rent is typically paid by the leaseholder to the freeholder on an annual basis, although the exact payment frequency can vary according to the terms outlined in the lease agreement. Leaseholders usually receive a demand notice from the freeholder detailing the amount due and the payment due dateIf you need lower monthly car payments or like to drive newer car models, leasing a car might appeal to you more. On the other hand, if you drive many miles or want to eventually have no car payment, buying a car could be your better option.
TaX:Property taxes apply to all land investments, regardless of whether you're living on the land, building on it, or making an income off of it. That means that if you own vacant land, you must pay property taxes on it although you may also be eligible for some rather decent deductions.Some types of properties are exempt from real estate taxes. These include qualifying nonprofit, religious and government properties. Senior citizens, veterans and those eligible for STAR (the School Tax Relief program) may qualify for exemptions as well. There's often an exemption application processSadly for investors, the answer is no, there are no states without property tax. This is because property tax is a useful way for local governments to fund public services such as schools, fire and police departments, infrastructure and libraries. There is a caveat to this though.Bermuda, Monaco, the Bahamas, and the United Arab Emirates (UAE) are four countries that don't have personal income taxes. U.S. citizens are obligated to file and pay U.S. income taxes even if they live in another country. You may have to pay a penalty called an expatriation tax if you renounce your U.S. citizenship.Tax avoidance lowers your tax bill by structuring your transactions so that you reap the largest tax benefits. Tax avoidance is completely legal—and extremely wise. Tax evasion, on the other hand, is an attempt to reduce your tax liability by deceit or concealment. Tax evasion is a crime.Billionaires often employ the “buy, borrow, die” strategy to avoid income and capital gains taxes. First, they acquire appreciating assets like stocks or real estate. Instead of selling these assets when they need cash (which would trigger capital gains tax), they borrow against them at favorable interest rates.A provision in the laws governing taxation that allows people to reduce their taxes. The term has the connotation of an unintentional omission or obscurity in the law that allows the reduction of tax liability to a point below that intended by the framers of the law.
By building passive income through land leasing, you can achieve long-term financial stability. You may need to prepare or improve the land before marketing it. This could include clearing, fencing, adding road access, installing utilities, or building structures like barns or sheds.Pros. Lower upfront price: If you're trying to buy a home but discouraged by the price tag, buying a property on leased land could be more affordable and require a lower upfront outlay. Lower property taxes: When you're only taxed on the property, and not the land, your property tax bill will likely be lower.Leasing land for farming is one of the most straightforward ways to increase income. Landowners earn steady cash while supporting local agriculture by leasing seasonal crops or grazing. Many farmers look to rent extra space for growing crops like corn or wheat or for grazing cattle.the leaseholder...