| When you look at the lists of the wealthiest | | | | a tsunami or a nuclear meltdown, land almost |
| people in the world, most of the names there | | | | always appreciates in value. This makes land |
| have one thing in common. They are all massive | | | | essentially the safest investment in the world. |
| property owners. The real estate market does | | | | When you add in the tax benefits that come with |
| not tend to make the same kind of high profile | | | | owning land, you can begin to see why so many |
| splashes like the technology investment markets | | | | wealthy men choose land as their core |
| or the oil companies, the real estate market is | | | | investment. Land is also the best possible way to |
| just about the safest investment you can make. | | | | increase your net worth. Since you have an |
| The population of the earth is not going down and | | | | investment that never really goes down in value, |
| those people who are just coming into the world | | | | it can do wonders for your portfolio. |
| will need a place to eat, shop, live and go to | | | | Another advantage in investing in land and |
| school. There is a lot of security and money in | | | | property is that it is extremely stable. Others |
| the real estate field and you can get a piece of it | | | | may lose their shirts when the stock markets of |
| with the right tools. | | | | the world flop or when the next internet tech |
| Aside from the fact that dealing in the real estate | | | | bubble bursts, but owning land and property is |
| market can make you significant money if dealt | | | | very even keeled. If you are after even more |
| with properly, there are also other benefits that | | | | stability, you can look for things like housing, |
| you might not have taken into consideration. The | | | | which, obviously, is always in need and is almost |
| tax world looks favorably on real estate investing. | | | | always going up in need. Commercial properties |
| There are many different deductions that can be | | | | can tend to be a little more risky since there can |
| made in the real estate world, such as taking care | | | | be an overwhelming glut of them in some areas |
| of tenants if you own a rental property, the cost | | | | that the population has not met the need for, but |
| of interest on your mortgage and the possible | | | | overall, it is a much more stable investment than |
| depreciation of your property also qualify as tax | | | | stocks. |
| write-offs. There are also many other tax | | | | The only real negative about land ownership is |
| advantages that figure in to buying and owning | | | | that it is truly a long-term investment. You have |
| property that will become apparent during tax | | | | to be ready to hold on to a piece of land, |
| season when you have a professional fill out your | | | | sometimes for years to make the desired profit. |
| forms for you. | | | | If you are looking to make a quick buck, then |
| Owning land is a unique investment, to say the | | | | other kinds of investing might be for you. |
| least. Unless something catastrophic happens, like | | | | |