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We have often stated that ownership of raw land is a great way to earn profits when you sell. However, it should be emphasized that there are other financial realities to consider before purchasing. Remember that .money is made on raw land only when you sell. During the holding time, there is no income and no cash flow.
A cash outlay is required for property taxes, insurance and mortgage payments. There is no deduction for depreciation.
Does this mean that we are suddenly changing our mind about profit potential of land? On the contrary, let us reemphasize that, with very few
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