Central Western VA Mountains | To me this is kind of complicated and kind of not....
If you truely can't afford the land based on raw numbers, it's a mute point who gets the land. If the land doesn't generate enough profit at 290, then the next person is going to loose too. If the goal is to hold the land acreage for another day - when prices turn up, then the risk of holding the land another year or two might make sense.
Bottom line - do what's in your best financial interests.
As to the CPA, find another one and when you do, tell him you you got a better deal with a new CPA - nothing personal, it's just business.
Good luck. |
CPA vs farmer vs landlord relations???
