Personal Finance & Money Asked on November 2, 2020
What are some ways a company might make money off of land, other than selling or leasing it to tenants?
I’m trying to solve a bit of a weird business puzzle. Part of it involves a person who says he has a company that buys land which is very profitable, but he does not sell, lease, or develop on it. I asked if his company perhaps farms the land, but he said no to that as well. He said they have some way of making money off the land itself.
One option is exploiting, leasing or selling the mineral rights for the land.
Correct answer by Eric on November 2, 2020
For the conditions given, a person can make profit out of land by some options:
UPDATE
Answered by Venkataraman R on November 2, 2020
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