The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cage Rattler who wrote (31049)	10/18/2010 1:28:50 PM
From: Horgad	Read Replies (1) of 71462

My estimate of a 3% return from leasing out farmland included property taxes as they stand now (but not income taxes). Increasing confiscatory property taxes would be a risk. Example using some realistic Indiana based numbers: Cost: $4500 per acre Rent: $158 per acre Property Taxes: $25 per acre Income: 2.955% (Gross for the guy farming it would something like 130 bushels of corn produced per acre at $5.00 a bushel or $650 per acre.) Property Taxes on Classified Forest are almost nothing. The income is hard to predict or generalize so I won't even try. I know someone who bought forest that paid for itself after the first logging done the year he bought it and others that will have to wait 20 years before any hope of a harvest. Example $15.00 a year in property taxes for 44 acres bought for less than $2000 per acre... www.mibor.com #21016064

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next