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No, a land loan is not always considered investment property. It is only considered as such if the person receiving the loan has the intent of building a profitable business over the land.
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∙ 10y ago
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When did land as private property attain sacred status?
In the United States private property is not considered sacred.
What should you do when buying land?
Land is a big investment. The most important factor in protecting yourself and your investment is to be represented by an experienced attorney who specializes in real estate law in your jurisdiction. The attorney will know everything that needs to be done in your area to protect a buyer from purchasing land with a title defect, with liens, or affected by encumbrances that could interfere with your use and enjoyment of the property. There are so many legal problems that can plague a purchaser of property that the first step should always be finding a good lawyer to represent you.
Are mineral rights considered real property?
Minerals in the ground are treated as real property, but, after removed from the land, they become personal property
Are minerals considered real property?
Minerals in the ground are treated as real property, but, after removed from the land, they become personal property.
How many acres are necessary for land to be considered a 'farm' in Missouri?
In Missouri, land needs to be at least 5 acres to be considered a farm for property tax purposes.
Is a tree considered a structure on a property easement?
A tree is not considered a structure on a property easement. However, the actual owner of the land can chose to remove the tree if he or she sees fit.
What happens in a 1031 Land Exchange and what are the potential tax consequences?
A 1031 Exchange is great for owners or investment real estate. It allows the owner to sale the investment land and use the funds to purchase a "like kind" property and not be liable for capital gaines taxes.
What is the difference between real estate and real property?
Real Estate and Real Property are one in the same. All "REAL" is Land & fixtures attached to the land. All other property would be considered...Personal.
Can you own a house if you do not own the land it sits on?
Not unless it is a mobile home and you are renting the property. A house is considered a part of the land.
Can you hunt wild pigs in Australia without a permit?
In certain states you need a permit to hunt/ carry a firearm, but in general pigs in Australia are considered a pest and therefore are allowed to be hunted always on your land, and on other private land, only with the landowners permission.
If a fixture is permanently affixed to real property is it the personal property of the owner?
anything afixed to land is real property . personal property is that ,that is moveable such as a fridge or stove since they are pluged into a socket and are movable they are considered personal property .
Which is the best investment, land or villa?
Land
