Intro:
Owning land can be a great asset—but not always. In many cases, holding onto unused property can cost you more than it’s worth. Whether it’s sitting idle, generating tax bills, or simply no longer part of your plans, it might be time to sell. Here are five clear signs that your land is doing more harm than good—and what to do about it.
Key points:
- You’re paying property taxes on land you don’t use
- You’ve inherited land with no plans to develop it
- The market is right, but you’re unsure how to sell
- You want to free up cash for other opportunities
- You’re tired of managing out-of-state property