It's attitudes like this that have caused my wife and I to build our forever home in the middle of a a huge plot of land. The house will not be visible from the road and I'll be able to fire a gun in any direction without worrying about hitting anything or anyone. We've both grown weary of allowing our comfort to be dictated by neighbors and however they decide to behave on a particular day.
We’ve already bought the land fortunately. I’m just building up another nest egg before I start construction while I clear out a home site and improve it with trees and a road and such in the interim. We don’t take on debt so it’s going a bit slower than one would expect.
Don't make any modifications to the land until you are ready to build. I don't know what the full definition of "unimproved lot" would be, but clearing land for construction site, adding roads, etc definitely sound to me as improvements. Those improvements will have a not friendly affect on your taxes. If your plot is big enough, add the minimum number of head of some sort of animal to possibly qualify for ag exemptions.
Lots of games to be played that you might be unaware of to keep from slowing the growth of that nest egg.
A Roth IRA is a long term retirement investment for when you are 60. “A Roth IRA is an Individual Retirement Account to which you contribute after-tax dollars. While there are no current-year tax benefits, your contributions and earnings can grow tax-free, and you can withdraw them tax- and penalty-free after age 59½”.
For many people, their home and their retirement funds are their two biggest assets. If most of your retirement fund is tied up in real estate next door to your home, then the risk profiles are interlocked. That could be worthwhile for other benefits (avoiding bad neighbours), or because you want to chase the rewards of swinging for the fences (concentration also has the chance to win big), but that needs to be weighed up against the financial downside risks of severely concentrating your asset portfolio (a big loss on both the home property asset and retirement assets would be horrid for many people).
