Mountain Side Ownership.

[mrdrinksalil]

Are you being sarcastic? Trying to low ball? Cause actually it's not realistic... If any thing, It is now worth more, because land continues to climb in value and will never stop doing so...
We could argue it all day, but he should do just fine recovering his land costs. Now if he wants to cover all equipment and land hours ever put into the park, that, may be a different story

I think what neal is trying to say it that "what you got in it" isn't always what "fair market value" is. Especially in todays market. This land is like gold to us rock crawlers, but for a developer... rock and slopes are a nightmare. Of course no one expects Bob to just donate the land away. The fact that he is making an effort to keep this land OHV use is admirable.

 

[TacomaJD]

Hope you get it worked out Bob like everyone else I really hope I can wheel Mountainside again someday.

Maybe if it opens back up they'll let you mid-gay offroaders back in there to play with us Bama boys HAHAHA!

 

[Neal3000]

Are you being sarcastic? Trying to low ball? Cause actually it's not realistic... If any thing, It is now worth more, because land continues to climb in value and will never stop doing so...
We could argue it all day, but he should do just fine recovering his land costs. Now if he wants to cover all equipment and land hours ever put into the park, that, may be a different story

Absolutely not......i don't know what planet you live on but in 99% of the u.s. markets land and properties are worth approx. about half what they were 5 years ago

Furthermore how do you think that land would appraise compared to the surrounding area? To anyone but an offroader that land is trashed

 

[wannabe]

just do like grey rock and find something valuable in the ground and sell it.. mkae the money from that and make the park free

 

[muddinmetal]

Not enough land at Mountainside to mine like GR...

 

[Do Work 93YJ]

Maybe if it opens back up they'll let you mid-gay offroaders back in there to play with us Bama boys HAHAHA!

**** you know they'll let us back in. Between our shine and late night shenanigans us Ga Boyz are the party.

 

[rock yuppie]

Absolutely not......i don't know what planet you live on but in 99% of the u.s. markets land and properties are worth approx. about half what they were 5 years ago

Furthermore how do you think that land would appraise compared to the surrounding area? To anyone but an offroader that land is trashed

I understand where you are coming from Neal, but keep in mind that paid for land does not have to sell. I could elect to hold onto it and simply pay the taxes until the economy and land values come back. The regrowth by then would be more than head high, cut in small 650 SQ FT cabins with solar power panels and small gravel roads with a few views and sell it then as a getaway resort for all of those apartment dwellers looking to spend the weekend in the woods looking at birds. So with that said, I would love to see it as an off road park, but if it does not work out that way, don't bank on me be desperate to sell.

 

[Neal3000]

That would be the smart move no doubt, eventually real estate values will come back.......and i will def respect whatever decision you make about Your property and also want you to know that i appreciate the hell outta you starting the place, the time and money you've put into it and for keeping it open as long as you did

That being said, couldn't you use a 200k tax writeoff? I believe you can apply it retroactively for several years back

 

[BMan]

That would be the smart move no doubt, eventually real estate values will come back.......and i will def respect whatever decision you make about Your property and also want you to know that i appreciate the hell outta you starting the place, the time and money you've put into it and for keeping it open as long as you did

That being said, couldn't you use a 200k tax writeoff? I believe you can apply it retroactively for several years back

X100 what Neal said Bob!!!! How about at least a 100K tax write-off and some sort of non profit raise the other 100K....Just thinking out loud if it's opened up to the public......

 

[TacomaJD]

**** you know they'll let us back in. Between our shine and late night shenanigans us Ga Boyz are the party.

Hell yea, good times ... when I'm around that shine I like to sip, sip, knock over. Kinda like puff, puff, pass....but directed more toward being a party foul. :****:

 

[rock yuppie]

X100 what Neal said Bob!!!! How about at least a 100K tax write-off and some sort of non profit raise the other 100K....Just thinking out loud if it's opened up to the public......

Not that old yet pal.

 

[BMan]

Not that old yet pal.

Ha! You are sorta old though..not as old as dirt............well at least a little older than me! :****:

 

[rock yuppie]

Ha! You are sorta old though..not as old as dirt............well at least a little older than me! :****:

My bones remind me everyday, but thanks for helping me keep track of it all.

 

[TacomaJD]

Remeniscing :'(

Making it up Escalator at mountainside ORP

 

[BMan]

My bones remind me everyday, but thanks for helping me keep track of it all.

Bones huh...... and here I thought it was all that junk between the bones, muscles, tendons and crap that attaches everything together not working right anymore that makes me feel old! O your talking about that other bone, well damn dude they make blue pills for that **** man! :****: Back to ya bro! :flipper: laughing1

 

[rubicondc]

there are alot of ways around the issues i believe- become a llc-corparation in nevada,etc etc.,have full fledged owners-ie llcs,they buy in for a grand and have unlimited access to the park with a certain number of passes for visitors-all visitors assume a full risk responsability as a member of the llc. have silent partners ie: 4 visits a year with 4 passes for visitors each assuming full risk for $100 a year, just thoughts and how are there so many dirt,drag,moto,etc. tracks in al. operating with the same risks and keeping the doors open?raise the gate prices to help cover some of the costs (im sure it will never equal what you put in) but you can write off the difference, id be in for a $100 membership as im sure alot of people i know would=sell options,x number of rides = voice in company,etc.

 

[broncojoe]

Absolutely not......i don't know what planet you live on but in 99% of the u.s. markets land and properties are worth approx. about half what they were 5 years ago

Furthermore how do you think that land would appraise compared to the surrounding area? To anyone but an offroader that land is trashed

land here DAMN sure ain't cheaper than it was 5 tears ago! the price of land around me has NEVER gone down.

 

[rock yuppie]

Bones huh...... and here I thought it was all that junk between the bones, muscles, tendons and crap that attaches everything together not working right anymore that makes me feel old! O your talking about that other bone, well damn dude they make blue pills for that **** man! :****: Back to ya bro! :flipper: laughing1

Bman = bad dope experiment.

 

[BMan]

Bman = bad dope experiment.

laughing1 O man if ya only knew! :****: Takes one to know one I guess!

 

[bulldoglover170]

Been nearly a month since last post, any new developments on mtn side?