6
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Land buying question.
Posted on 9/28/26 at 8:23 pm
Posted on 9/28/26 at 8:23 pm
For the land buyers, real estate gurus…
I’m looking to buy some farmland. The property appears to be decently priced, and I’m looking at the purchase both as a long-term land investment and an income-producing agricultural business. Any legitimate farm-related tax deductions would obviously be a secondary benefit.
I may be able to talk them down a bit. I went speak with a land lender today to see about financing. Wow, the interest rates are ridiculous.
So my question is, is it worth it to buy now? Or should I wait until the interest rates come back down? I know “they aren’t making any more land,” and per acre prices have seemingly done nothing but rise over the years. It’s not an affordability issue. It’s more of a “do I really want to pay THAT much in interest” issue.
I’m open to any advice. Thanks!
I’m looking to buy some farmland. The property appears to be decently priced, and I’m looking at the purchase both as a long-term land investment and an income-producing agricultural business. Any legitimate farm-related tax deductions would obviously be a secondary benefit.
I may be able to talk them down a bit. I went speak with a land lender today to see about financing. Wow, the interest rates are ridiculous.
So my question is, is it worth it to buy now? Or should I wait until the interest rates come back down? I know “they aren’t making any more land,” and per acre prices have seemingly done nothing but rise over the years. It’s not an affordability issue. It’s more of a “do I really want to pay THAT much in interest” issue.
I’m open to any advice. Thanks!
This post was edited on 9/30/26 at 3:14 pm
Posted on 9/28/26 at 8:51 pm to Flyin'Cajun
So you want to purchase land for a “side hustle” for “tax write offs” but the interest is too high?
Posted on 9/28/26 at 8:53 pm to Flyin'Cajun
quote:
I’m open to any advice
If the interest rate is the concern, then don't buy
Posted on 9/29/26 at 8:18 am to Flyin'Cajun
What are the rates and how much cash do you have?
Posted on 9/29/26 at 9:59 am to Flyin'Cajun
quote:
Or should I wait until the interest rates come back down to earth.
Which percentage earth you thinking?
Posted on 9/29/26 at 10:12 am to Cdawg
I am a homebuilder. Land purchase pricing, and interest rates generally run in an proportion. Not all, but generally. If the higher interest can be used as a reason to lower the price, do it. If he's one of them guys that puts a price on his land and wants that no matter what, then do a CBA on total money in, total money (including tax benefits) and see if it's worth it.
I have been in the business long enough to know a significant cut in rates, enough to shift the market, generally runs in to higher cost to build, higher land costs. Which causes price to increase.
I hate the saying "Marry the house, Date the rate", but in many cases it rings true.
I have been in the business long enough to know a significant cut in rates, enough to shift the market, generally runs in to higher cost to build, higher land costs. Which causes price to increase.
I hate the saying "Marry the house, Date the rate", but in many cases it rings true.
Posted on 9/29/26 at 7:15 pm to Flyin'Cajun
What tax write offs are you anticipating with land?
Posted on 9/29/26 at 7:27 pm to CEB
I’d be willing to bet it’s some misguided offshoot about planting a row of soybeans and trying to claim farm subsidies.
Posted on 9/29/26 at 7:34 pm to CEB
quote:
What tax write offs are you anticipating with land?
I was wondering the same thing.
Posted on 9/29/26 at 11:21 pm to pdubya76
These types are the ones I wish never walked through the door during tax season.
Posted on 9/29/26 at 11:32 pm to CEB
quote:probably trying a like kind exchange cap gains roll over
What tax write offs are you anticipating with land?
Posted on 9/30/26 at 9:19 am to Flyin'Cajun
I am an active real estate guy. What tax deductions do you think you will get? Is this a 1031-exchange?
There are opportunities for tax deductions with building on land, but not really for the land purchase. The best tax scenario I am aware of is for farm land, but again, it comes with what you use the land for, not the land itself.
You need some deep pockets to do well buying land and holding it. My experience is you can do well buying land, building on it, then selling or renting it.
There are opportunities for tax deductions with building on land, but not really for the land purchase. The best tax scenario I am aware of is for farm land, but again, it comes with what you use the land for, not the land itself.
You need some deep pockets to do well buying land and holding it. My experience is you can do well buying land, building on it, then selling or renting it.
Posted on 9/30/26 at 1:45 pm to lsuconnman
quote:
I’d be willing to bet it’s some misguided offshoot about planting a row of soybeans and trying to claim farm subsidies.
You’d lose that bet.
Posted on 9/30/26 at 2:25 pm to CEB
I’d like to get into some sort of farming, or agroforestry. From what I’ve been told, there’s quite a few things that can be written off. Equipment depreciation, expenses, etc.
Land buying aside, I’ve considered short term rentals as well. I’m just looking to help myself out as much as possible, as it pertains to taxes. I’m getting shellacked this year.
But, aren’t we all?
Land buying aside, I’ve considered short term rentals as well. I’m just looking to help myself out as much as possible, as it pertains to taxes. I’m getting shellacked this year.
But, aren’t we all?
This post was edited on 9/30/26 at 3:17 pm
Posted on 9/30/26 at 2:51 pm to Flyin'Cajun
well…make it your primary residence and you can deduct the mortgage interest LOL
Posted on 9/30/26 at 3:24 pm to cgrand
Hahaha, no kidding.
Posted on 9/30/26 at 6:13 pm to Flyin'Cajun
As a landowner who has taken a few deductions, I surely don’t think one should buy land for that purpose.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News