Looking at ranches for sale in South Texas can be a great idea for a number of reasons. If you are an outdoor sportsman looking for a luxurious home base, you will find that the absolute best selection of properties and home options are available in Texas. The hunting and sporting is unparalleled in this region of the U.S., which most Texans would proudly tell you. Even if you are not a sportsman, checking out a Texas ranch for sale can be a great move for property investors, too.
And with legal, tax-free arrangements like a 1031 exchange, you can purchase a property for a similar purpose to one that you currently own, and "exchange" that property for the new one, tax-free. A property with a "similar purpose" means that if you bought the first piece of land for commercial reasons, you must also purchase the new land for commercial purposes. As long as you are buying the new ranch for similar reasons, you will be able to defer the taxes on your property purchase for as long as you want. This is a practice that brokers can help you with, so be sure to pick a company who has lots of experience doing a 1031 exchange.
The available properties to choose from are numerous, and a great fit (or several) can be found no matter what your tastes, price range or interests. There are ranches for sale in South Texas, but also in Western parts of the state, and Hill Country, as well. You can buy a property for cattle farming, a dude ranch, or live water activities such as fishing or swimming. Live water ranches are very sought after and have become a new sort of status symbol, as much as or more so than a beach house used to be. Indoors, these sprawling homes are often updated with the most modern technology and gorgeous hardwood floors or marble counter tops. No matter what your personal vision for a Texas ranch, it is out there waiting, ready for you to come make it a reality.
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