My family owns outright 200 acres of rolling hills in the San Jose Bay Area

My family owns outright 200 acres of rolling hills in the San Jose Bay Area.
Currently, the assessed taxes is $12k a year, using the Williamson act provisions for a lower tax rate.
The drawback to this, is that the ranch needs to be a business that produces something you can "eat or wear"
Currently, my father (who is rather old, and it is getting difficult for him to work the ranch) runs a cattle ranching venture, that nets roughly the tax bill.

I don’t really want to sell the property, though it would fetch something like $60M, I want to turn it into a real business that employs people and turns a profit, and is something I can pass on to my son.

What other ventures can we do? What is more profitable? Something that takes less work?

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Weed desu

bees

chickens

sixty million dollars for a piece of nowhere? wtf is wrong with california. just sell, if you're not a complete retard you will have enough money left to pass down to your future daughter.

Is that all those hills off the 101 past the capitol expressway exit? If so, I used to live near there as a kid. Went to that Chuck E Cheese off the freeway too sometimes. Brings back memories. Everytime I go back I always wonder wtf is going to happen with all this land and why shit hasn't been built there.

Don't know what to say. Everytime I visit the Bay, I always see new apartment complexes popping up all over Santa Clara county. That's a bummer you can't just turn it into tons of apartments. Eat or wear? Guess you need to study more what's going on in Central CA if you don't want to sell it.

what happens if you don't pay the tax bill? will the gov't seize the land? if so, then your family doesn't outright own shit. welcome to the feudal states of america.

Take the 60MM, put 40MM in to index funds, 15MM in to precious metals and use the last 5MM to have some fun.

$60m worth of land, but your father can get only $12k from the land by working? Just sell the land wtf is this bs? How do retards like you and your father even manage to get $60m worth of land?

Not this.
Repeal property tax. Say it with me

the government will pay you to have wild horses on your land do that as a subsidy for whatever bs you want like the bees and then you still have all your land and money

Could you imagine being this stupid and giving someone advice on how to ruin your entire families wealth to reinvest in shitcoins known as sxp?

Is there property tax in Europe?

Hire some fucking wuffers and run a ranch selling cow milk and sell the cows to a butcher

by holding an asset that cant be printed. Its almost like you dont get that in 100 years he has $600m worth of land
America uses the front of collecting it for local schools

we're a long ways away from the majority of people possessing the ability to recognize that the things they find atrocious of yesteryear, still exist; they've just been anointed with a different name.

says the guy who suggested beekeeping for a
$60M property

You get the 60m and buy 1000s of acres outside California.

Or contact a local university and have them help you design a business model

Kys fuckin retard, thats why capitalism is broken when lazy faggot will get 60m$ doin nothing

just buy a tractor and hire a bunch of immigrants

Bees, eggs, and weed.
How far from the city?

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I suggested holding a thing of value and letting frothing normies like you pay a lot more for it later. The key is NOT selling that land. I suggested bees as a specialty trade where honeycomb lasts for long periods without refrigeration, it sells for $10, and it helps the environment to cover the $12k.
Normies like you think $60m is relevant, like youre doing the jew math on how much he has to pay on some imaginary loan, but he doesnt he doesnt have to do shit except keep what he has if thats what he wants to do, which means covering the $12k minimum to keep $60m.
You retarded jew brainwashed faggots think of everything backwards

Build condos for the profit but once a year there’s a lottery and the losing family gets cannibalized by the other tenants (eat) and you sew their skins into a cloak (that you wear). Ez

seethe harder commie

I think almost all countries have property tax now days. you can find some unincorporated counties around where you wouldn't have to pay jack shit. but I'm sure the king of the state would discover some precious metal and proclaim eminent domain. we can't have some asshole being happy not being apart of the system

You might like the French movie Delicatessen

Green technology and lean is here to stay. I've seen numerous people use a 1/4 acre to generate 100K in organic produce selling to local restaurants and grocery stores.

Raise wagyu beef, you dumb bitch. Or rent the land out to someone who wants to raise and manage wagyu beef. You’re the landowner and capital guy. The other guy does all the hard work and manages the cattle. Split 50/50. Only problem is you have to trust the manager. It’s probably easier in ca than shitistan where they’re literally 80iq and fuck you up and themself up just so you don’t get ahead.

You can rent it out to cattle farmers. This is what most of my family does with our inherited land (something like 10000 acres split up amongst like half a dozen people)

>holding 200 acres of land for generations
>doing nothing

Bitch, you can barely hold your dick for 2 minutes.

if you're just looking for low effort shit to foot the tax bill, plant a bunch of asparagus and wait. its a perennial so its low effort, and it fetches a higher price than most produce. I can't imagine that cows are really al that much to deal with either though, are they?

this is the right idea actually and what most land owners in your position do OP. lease the land to other people who want to use it.

I would suggest hemp. 2018 Farm Bill made hemp farming much easier even here in California.

I work with big hemp farmers in CA. some of which operate large processing facilities in the S.F. Bay Area.

Some hemp farms in the valley are easily 1000s of acres but I have seen farmers turn a profit on as little as 140 acres of hemp in the Bay.

you must know how to grow it and what varieties to plant. to choose varieties, choose a purpose you are growing for and how the processing operation will look. right now it is popular to grow indica strains which mimic cannabis, for terpene and cannabinoid production. I believe this is the best option for a smaller farm such as yours. Reply to this post if you want more advice on growing hemp.

I will be monitoring this thread.

we actually rent to a beekeeper, for probably less than we should... the dude stores 100+ hives (honey doesn't net anything, he rents the hives for pollination of orchards).

Its just south of Santa Clara, like 30 minutes from the Google campus.

You get the idea - I just need to cover the tax bill, through ranching.

>more cattle
So, 200 acres of grassland feeds roughly 40 head of cattle - any more than that, and we have to buy feed, which is fine, but "all natural grass-fed beef" is what fetches the premium price... The waygu beef is probably a better idea

just hire ranch managers and expand, what's the problem bruski?

Sell the land idiot. You literally hit the lottery by happening to have a bunch of useless turf in an area that's seen the highest appreciation on the entire planet in the past couple of decades.

Sell the land and buy an equal amount in the midwest for 1/5th the price, do your meme farming there and invest the difference. Create generational wealth.

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You can turn it into a forest or "wild nature".
You can get government subside for such projects; don't know if it is a thing in the US though..

Goats user, you can even get more goats and use them as a lawnmower service, I know, what the fuck are you talking about user but goats are now being used as lawn mowers and can do a fantastic job especially in areas which are hard to mow. Just leave the goats there for 1 or 2 days and boom mowed grass. It lets you have the passive goats on your land you can sell for meat or milk and also a business you can do day to day.

Its not going to make you millions but Im sure people will hire the goat mower man just to put you on their insta so there will be demand

>(honey doesn't net anything, he rents the hives for pollination of orchards
American beekeeping is evil

Absolutely this.
> California
Get out before they seize the land for reparations.

Moving hives is the evil part and only california imports hives like that there was a netflix documentary about it. I agree moving hives is a bad idea and probably why bee populations are dying off

Sell the property and go all in on btc and hodl till 1 mil. You’ll be worth 4 billion.