As a land investor, my real estate investing activity was a bit different from most real estate investors, and I remembered hearing from a number of other land investors at the time that Dodd-Frank simply didn’t apply to vacant land transactions.
After reading up on it myself, I found much of the same thing. It seemed like there were a lot of exceptions in the rules that specifically excluded vacant land from all of the new cumbersome rules that Dodd-Frank brought into the picture… but it wasn’t until just recently that I decided to dive much deeper into the fine print to understand the issues the best I possibly could.
In this article, I’m going to give you my purely non-legal opinion on what Dodd-Frank and the associated regulations have to say about transactions that involve raw land.
READ MORE: http://retipster.com/dodd-frank/