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Sw mn | Depends on the deal. I have some land I would sell for $10,000 with a 2 year lease back of $500 per acre.
Guaranteed 5% return for the investor.
First thing I would do is a 1031 and by more land.
If you were looking to retire in a few years might not be a bad idea to sell some recently purchased land with a high basis.
A quarter would give you $100,000 a year for the first 16 years of retirement. Could live pretty high on the hog with that. | |
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Sale-Leasebacks
