In an economic climate such as this, many property owners look for ways to get creative. There are plenty of websites available that can help a property owner take a different approach to moving their land. One of the most common approaches is called a 1031 Exchange. This tax code simply allows owners to exchange like kind property without having to realize a gain on the property.

There are several sites to help explain the 1031 Exchange tax code and how the system works, along with other sites that actually allow exchangers to see others looking to trade their real estate or asset. Most of these transactions consist of properties with loans in place, some being assumable and others not. But the great news is it’s an outside the box solution for many sellers that otherwise can’t find a buyer.

Below will be a list of sites to better help you understand a 1031 Exchange:

http://www.1031.org/about1031/faq.htm

http://1031taxexchange.org/

After researching a bit more about the 1031 Exchange here are some sites of exchangers looking to move their land through a 1031 Exchange:

http://ree.com

http://goswap.org

Now keep in mind that many people have a hard time understanding the concept of being upside down in an asset. Therefore the chances of running into exchangers that over inflate asset values is extremely high. Always do your own due diligence before completing a transaction. And the best tip we have for those looking to exchange is know the value of your asset and understand your loan options. A 1031 Exchange is an excellent solution in this type of economy, so take the time learn more about it!

This property also has immense amount of alternative energy potential. Solar energy is a big possibility along with geothermal energy. This area is known for high levels of geothermal energy. With a substation located feet from the southeast corner of the parcel, this property is primed for a 20 megawatt solar project. Look for yourself and find a better location anywhere in northern Nevada for the price per acre. It simply can’t be done.

This is a pristine parcel of land with an abundant amount of options. If you are a forward thinker this could be the property for you. The property is currently listed for sale at $899,995. Inquire within in regards to financing options.

WE ARE WILLING TO SELL INDIVIDUAL PARCELS

7 Parcels – 10 acres +/- (Not Lake Front)

Each parcel is being priced at $39,995 and owner will carry back with $1,000 down and $350/month.
All owners have rights to use all easements and have access to the lake.

LAND VALUE:

Because of the unusual nature of this property, comparable values are not available.
All 13 lake front parcels feature panoramic vistas of the lake, gentle rolling hills, pine and birch trees dot the surrounding landscape.

WILDLIFE:

The ecosystem supported by Horseshoe Lake includes a diverse array of wildlife. Horseshoe Lake has an abundance of fish, waterfowl, an occasional deer and eagles soaring overhead providing a real sense of being at one with nature.

LOCATION:

Horseshoe Lake is just 20 minutes from downtown Spokane, WA and the Spokane International Airport. Several Four Star Hotels featuring World Class Accommodations. Only 15 minutes from Horseshoe Lake is a Walmart Superstore and casino. The casino has doubled in size over the past few years and now has 240 rooms with some suites 1000 square feet.

IMPROVEMENTS:

The roads to Kitt Road from Airway Heights off Highway 2 is first class. Kitt Road is county maintained. Plans have been approved for road improvements to commence when home development starts.

RECREATION:

Horseshoe Lake is perfectly suited for recreational use. Here you can enjoy horse back riding, fishing, boating, camping, bird watching and in the winter ski the local slopes or ice skate when Horseshoe Lake freezes over. Whether you rent or own an RV, you can park it on your property to experience Horseshoe Lake up close and personal. Sorry no motorized boats permitted. Other restrictions may apply.

This pristine ecological retreat provides golden opportunity to build your dream retirement home in close proximity a major metropolitan city while being insulated from the hustle and bustle. We invite you to take the plunge, Horseshoe Lake has it all, close proximity to an International Airport, four star world class hotels, shopping, fine dinning, entertainment, hospitals, schools, building supplies all just 20 minutes away from your little slice of paradise.

FINANCING:

We are willing to offer owner financed terms with as little as 15% down. If you are interested in additional information please feel free to contact us. This property won’t last and truly is an amazing place!

Now many believe we still have some time to go before the housing market has been completely flushed out of toxic assets, but the truth is land is becoming a valued commodity for several reasons. A home is viewed as liability in many ways and raw land is an asset that can only be improved upon. If you were to ask anyone here in the office what they felt about the overall sentiment, many here believe the stock market has become a huge benefit to land owners. The volatility in the stock market makes it easier for an investor, buyer or seller of land to make a decision. You have two choices, own a paper asset or a real asset. For many that decision is becoming much easier.

Imagine owning an asset that only has a small payment due each year. Property taxes for raw land are generally very inexpensive. And the greatest news of all is that you can get extremely creative when you own a property that’s 40 acres. I personally own several properties and enjoy the creativeness that it bring to mind. Whether it’s building a dream house, a small ranch house for you and the family or creating an alternative energy project, all these things have value that a paper stock doesn’t. In 2012 we challenge you to buy an asset that has real value!

This property is located approximately 2-3 miles from the Mill Creek recreation area. The property offers potential buyers a number of options including residential, alternative energy and mining (the owner will have rights above the bedrock, with placer gold known to be in the area). There is also the potential of utilizing the property for gravel as their is a creek spanning the entire parcel.

We are offering a number of different purchase options including owner financing. If you have any questions or would like to visit the property please contact us for directions. With low property taxes and a vague zoning this property has an abundant amount of opportunity. Under $200/acre!!!

Click on the images below to see larger photos!

We have a smaller 480 acre parcel located just north of this property.

One of the biggest problems in the current land market is financing. Although mortgage rates are at all time lows, it’s sad that it’s nearly impossible to get a loan on land. The good news is there are still sellers out there willing to get creative and make a deal work. I know we’re not the only sellers in this market willy to structure financing for buyers, as we are aware that cash is nearly extinct these days.

So if you are a land buyer looking for the perfect property, don’t hesitate to make a deal. If you find something you like, you are better off making an offer and finding terms that are suitable for you rather than just walking away without asking. When you buy a car you don’t pay the sticker price in all cash do you? I sure hope not and if you are that kind of person we’d love to help you . In reality most buyers in this market need to find a strategy and at Reserve Land we try to offer you a strategy that is unique to your needs.

We expect 2012 to be a good year for land, but at the same time we hope and pray that the economy will actually begin a recovery that’s evident. We wish all of you a Merry Christmas, a wonderful Holiday Season and a Happy New Year!

This property is located approximately 17 miles north of Battle Mountain. The property offers potential buyers a number of options including residential, alternative energy and mining (the owner will have rights above the bedrock, with placer gold known to be in the area).

We are offering a number of different purchase options including owner financing. If you have any questions or would like to visit the property please contact us for directions. With low property taxes and a vague zoning this property has an abundant amount of opportunity. Under $200/acre!!!

Neighboring Property

One comment recently came in from a buyer that wanted to park his/her RV on a vacant property for an extended period of time. Now it may sound crazy, but some counties actually only allow you to park an RV on your property for a specified amount of time per year. These are rules we don’t make, so please don’t get upset with us. The law is the law and we all have to do our research when deciding which property and location is right for us.

I’m not sure what type of person you are, but I like to keep things neat and organized. The truth is land should be respected and that’s why counties have these rules in place. If you want to buy a piece of land to throw trash on, go to the dump and pay a fee, as no one wants to see a piece of property covered in trash or old tires.

Almost every county in the nation has these rules in place to keep a standard of organization even in rural areas. You may own a piece of land that someone hasn’t driven by in days, but it’s still your duty as an American citizen to uphold those laws, regardless if you don’t agree. So next time you are in the market for land that you plan on utilizing for building or visiting, make sure you do your homework. Due diligence is an important aspect of buying land and we encourage each one of our buyers to take the initiative and make some phone calls. You may even be able to get your questions answered on the county website, so don’t forget to Google it first!