â€śBuy land. They ainâ€™t making any more of the stuff.â€ť â€”Will Rogers
Invest in your future the old-fashioned wayâ€”buy land and hold it!
With the uncertainty of rising taxes, unstable markets, and concern about security of your investments, here are a few ideas you may consider:
Yes, you can hold land in your IRA. Use your IRA or 401(k) to invest in Mosida. Central Bank in Provo, Utah, is currently the custodian for a number of other Mosida buyers.
Take advantages of market losses this year, pay your taxes at current rates, and convert your IRA to a Roth IRA. Land with good potential for growth is ideal for your Roth IRA. All the upside return is tax-free.
Carrying costs for Mosida are minimal because Mosida currently qualifies as â€śgreenbelt property.â€ť Greenbelt taxes have been approximately $3.00/year for the past 10 years on every 10 acres parcel.
Consult your CPA or other professionals to see how investing in Mosida Orchards affects you personally.