My uncle recently gave me some land and I am looking to build and sell property what would be the best route I am in Broward County Florida
Need to know more about the land:
b. Flood plain
c. Road access
d. County/City subdivision rules
e. Build versus sell; what is your risk aversion? Do you want to finance $15,000,000 of housing for x years and sell; do you want to sell subdivided land lots with little input, etc.
f. Number of acres and configuration of land. Long rectangle along the road or a triangle.
g. Just a wording thing, is it inherited or gifted (gave you)? Tax basis implications.