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I bought 15 acres near Mustang Ridge, TX which is close to Austin, TX. Obviously not Europe but I'll comment anyway. I bought land here because ag exemptions in
by robcohen 4y ago
I bought 15 acres near Mustang Ridge, TX which is close to Austin, TX. Obviously not Europe but I'll comment anyway. I bought land here because ag exemptions in TX are ridiculously beneficial. If you're regularly paying cap gains taxes you can write off a lot of expenses at a loss for the farm, including building roads, building a barn, utilities, animals, fencing, etc. The taxes are way lower with ag land, and I'm planning to build a small bunk house and hire someone for 30-40K/yr + free rent to manage the farm. Planning to have ~30 goats on the farm. I just haven't started operations yet because I'm working with an architect to put together a master farm plan.
I'll do this on the side so I can have a place to stay, food to eat, and a "base" to keep my stuff at. I'll keep traveling in the summers, keep doing software engineering. I'll also have RV spaces to rent out and also for WWOOFers
- bitcoinmoney 4y agoHow did you find the land?
- robcohen 4y agoRedfin actually. I lucked out in my opinion. If I were to search for land again, I would just talk to people and make connections. Go to local government meetings (council, etc). Community group meetings too. Ask around, tell people you are trying to start a farm. If you're lucky you can find someone and skip the realtor entirely and just get a lawyer.