Sunday, 6 December 2015

Historic Skaneateles Island Is Ideal For Ecologicially Minded Investors

Located in the fabulous Finger Lakes Region in New York, Skaneateles Island is a premier location for tourists and investors alike. A four hour drive from New York City or Philadelphia, Skaneateles Island is surrounded by Skaneateles Lake, a prime spot for outdoors sports. One look at this beautiful, hometown community at http://www.skaneateles.com/visit/skancam, shows why potential investors are attracted to its beautiful vineyards, lake activities and rental opportunities.

The Town of Skaneateles is home to two large conservation easements, one located off Gully Road and the other on Old Seneca Turnpike. These areas provide prime locations for hiking and fishing, while enforcing strict laws concerning cleanup of trash, ensuring that these beautiful areas will be enjoyed by future generations. Superb Wines from the Finger Lake region are rivaling California as a domestic beverage of choice, and vineyard tours and festivals highlight their home grown products.

For the best New York State has to offer for great real estate opportunities, look no further than the Town of Skaneateles. Whether looking for land property conservation easements or ones for vineyard property, a potential homeowner or investor has many selections from which to choose, with the possibility of conservation easement tax deduction for waterfront properties! A major benefit of conservation easement is that the land can be donated, or kept by the owner, as long as they do not subdivide it. Other restrictions may apply and for more information on how these tax deductions work, and to view the gorgeous areas for sale, please visit http://www.skaneatelesland.com/.

Another smart way for investors to get more for their money is to invest in a 1031 TIC (Tenancy In Common) Exchange, a form of ownership where two or more persons have a joint yet divided interest in the property, a very attractive option for buying large parcels of land that can be passed down through inheritance.

Many tourists find that Skaneateles Island is a great place for a vacation and decide to make it their home by investing in the area's outstanding property opportunities.

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