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Well it looks like the money won't be here till the first of the year 2011.

After taxes it will be a lot less with the capital gains tax rate going up.

It looks like we are probably going to be purchasing 50 acres that my parents own in a small town of 500 people. WE will be purchasing an additional 50-100 acres from another realtive with about 80% wooded and stream filled.

After we pay off all our bills we will be building/upgrding the current house and upgrading the current 5 ponds on the land making one of them 5 times it's original size. Nice enough to put a small fishing boat on and do some quality fishing.

Hopefully we will keep our current home in town and then also use this house.

Thanks for the offers but the wife and I decided we wanted a place that all family members can come down and enjoy the hunting, fishing, trail walking and swimming inthe large pond.

History behind the house is that thsi is a neat acreage that I grew up visiting each weekend in the summer.

If funding allows after all that then we plan on opening up the old Whistle stop cafe style cafeteria in town.

AS soon as it all occurs, I'll send pictures of what we buy.

Posted

Put a "dry hydrant" in each pond and it will cut down big on your homeowner's insurance.


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