Are you looking for a new career path that involves spending time outdoors? Or do you want diversify your portfolio invest in an industry that has been around since what seems like forever? If you answered yes to either question, then investing in agriculture land in South Carolina may be right for you. Here are three reasons why.
- Investing in agriculture land involves very little risk. Ask any money expert what the best thing to invest in and it’s highly unlikely they tell you about the newest sexy stock or a new kid on the block like bitcoin…instead they’ll probably tell you “land and real estate.” From really the beginning of humanity and until the end, land and real estate will reign king, and having acres and acres of land is a low risk, but huge upside play.
- There are many options when you invest in farmland. Specifically, you can own it and use the land for yourself and enjoy the numerous benefits of being a farmer, including working outdoors all day and doing truly gratifying work. However, you could also choose to lease the land or sharecrop it to maximize your asset.
- You save on taxes. In most communities, agricultural land receives favorable tax breaks, and often qualifies for federal programs to achieve even greater savings. The reason for this is simple –Americans needs farms, and incentivizing people to own them and produce goods we need is one simple step to making agriculture land advantageous to own.