What does your hunting future hold? For those who love the outdoors, it's an important question.

The future of hunting in general is cloudy because of a variety of issues. But specifically, the future of your hunting may be cloudy for one primary reason — not having land to hunt. If a lease is where you spend your fall weekends, first count your blessings that you still have that lease, and then you'd be prudent to look ahead to where you expect to hunt five years down the road.

A growing number of hunters in Georgia are putting their hunting futures into their own hands by purchasing land. For most of us, the idea of buying land seems impossible. A big down payment and a monthly note just aren't in the budget. Others, however, are exploring options that include partnerships, splitting a tract of land, and buying into hunting-based communities — like a country club for outdoorsmen.

Rural Georgia is in the midst of a modern-day land rush, driven largely by investors who buy a tract, keep it for a few years, maybe split it up, then sell the land for what is often a handsome profit. Most of those folks then put their profits right back into another tract of land and repeat the process, taking advantage of the 1031 property exchange tax laws, where taxes on real-estate profits are deferred when the money is reinvested into another property.

Also getting into the land-buying game are hunters. Some are both — hunters and investors — who are parking their money in land instead of other investments... Read Full Article

For more headlines, visit Georgia Outdoors News