|
Title: Own Land for BTC Post by: WiseOldOwl on September 13, 2011, 10:16:36 PM So I have a piece of land just shy of a acre (about .95).
It is in North-Eastern California, USA. It is by no means a expensive property, it is very rural and would be great for camping and hunting/fishing trips etc. I am gauging response, Of course there is a certain amount I need to get for it so the price I post here is not definitive and can change at any moment with out notice* 1,000 BTC Starting Price If anyone is interested, I have all the details available for serious inquiries. Might be a great way for an early adopter to get something seriously substantial. Also, I am willing to rent it for camping trips. It would be closer to having the whole campground instead of just a campsite lol. No Neighbors really. Title: Re: Own Land for BTC Post by: superpc on September 13, 2011, 10:25:34 PM Where is it specifically?
Title: Re: Own Land for BTC Post by: deslok on September 13, 2011, 10:29:09 PM pictures of it? or lat/long for lookup on google earth?
Title: Re: Own Land for BTC Post by: xurious on September 13, 2011, 11:15:00 PM I'd look for proof of ownership rather a picture!
Title: Re: Own Land for BTC Post by: WiseOldOwl on September 13, 2011, 11:42:22 PM 41.274613,-120.782154
On that "street". You have access to the lake that is northwest on the other side of the mountain too. Plus the lakes and creeks in between. Like I said I will show ownership to any serious inquiries. Title: Re: Own Land for BTC Post by: Minsc on September 13, 2011, 11:57:07 PM How do you do the taxes for reporting the purchase and sale to the government when the purchase is purely in bitcoin? If it's reported as a gift, then there's a gift tax typically.
Title: Re: Own Land for BTC Post by: Richard Rahl on September 14, 2011, 12:38:28 AM 41.274613,-120.782154 Wtf is that? It looks like it's planned out for a neighborhood or business district, but there is NOTHING ANYWHERE out there. (not interested, just think it's cool what you're doing) Title: Re: Own Land for BTC Post by: CurrentB on September 14, 2011, 01:04:57 AM 41.274613,-120.782154 Wtf is that? It looks like it's planned out for a neighborhood or business district, but there is NOTHING ANYWHERE out there. (not interested, just think it's cool what you're doing) Yeah I also want to know this. Pretty crazy. Title: Re: Own Land for BTC Post by: nhodges on September 14, 2011, 01:09:45 AM Let's start a city that runs only on Bitcoin, for your donation we will call it Owlsville.
Title: Re: Own Land for BTC Post by: WiseOldOwl on September 14, 2011, 02:17:53 AM Let's start a city that runs only on Bitcoin, for your donation we will call it Owlsville. Sounds Great.We could technically afford the whole village with the bitcoin community behind us. It is a failed development. People who bought here originally thought it would be a bustling neighborhood, now we know it is more for camping and the such. It could still potentially develop but i wouldn't bet on it. Title: Re: Own Land for BTC Post by: WiseOldOwl on September 14, 2011, 02:22:41 AM How do you do the taxes for reporting the purchase and sale to the government when the purchase is purely in bitcoin? If it's reported as a gift, then there's a gift tax typically. I guess we call it a barter. Meaning i would most likely be subject to a tax on income or gains. Not really gaining anything. I assume we take the current value of bitcoin for any variable math equation to calculate the tax. Lets say 1,000 Coins $1 Each $1,000 15% Income or whatev Tax* $150 Tax $850 for me. I have no problem paying the tax, we need to figure out a way to do this right. I doubt the govt would care as long as i attempt to pay the proper tax amount to the best of my ability. |