Land prices have plummeted back to earthly levels since the great real estate bubble burst in 2008. Three states have been hit the hardest (after they had the largest run up in values) they are Florida, Arizona and Nevada. Well, now that prices have declined more 70% since their highs it’s time to take a closer look at investing in Nevada again. Why?
In Nevada there is no personal or corporate income tax, no inheritance or gift tax, estate tax, and extremely low property tax.
‘Nuff said.
So which State do you think would have the greatest long-term appeal to the wealthy?
