Hey Austin,
Yeah you are right but someone always has to carry the can for any decision. Is your wife prepared to carry the can for decising to invest in land? After all, it is her plan and not yours...
Your calculation is fair enough I guess but I'd still rather pay nothing, depreciate the building and get a paper loss and tax refund! Also, you still have the potential for problems by owning and leasing land. If you want a hassle-free investment, buy bonus bonds!
"A good plan violently executed right now is far better than a perfect plan executed next week." General George Patton
Yeah you are right but someone always has to carry the can for any decision. Is your wife prepared to carry the can for decising to invest in land? After all, it is her plan and not yours...
Your calculation is fair enough I guess but I'd still rather pay nothing, depreciate the building and get a paper loss and tax refund! Also, you still have the potential for problems by owning and leasing land. If you want a hassle-free investment, buy bonus bonds!
"A good plan violently executed right now is far better than a perfect plan executed next week." General George Patton
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