Re: Buy your own riding area
Posted: 09 Nov 2013 06:43
A bit late to the conversation but I will add my $0.02.
My observations as a local mountain biker:
- I am very aware of the damage a few MTB's can do on a wet trail or by going off trail. That is the reason the local MTB riding areas are closed after rains so as to dry.
- Trail design has come a long way in 20 years. Several organizations hold workshops on how to build a trail so as to be sustainable. Part of it is human (go back to Luke's post) and part of it is geography / hydrodynamics (designing trails so as to not become streams when it rains).
- I am amazed at the length of trail that can be put into a small footprint.
Example 1: 16 miles at Shawnee Mission Park. I did each trail once in each direction.
http://www.mapmyride.com/workout/408026319
Example 2: 15 miles at Swope. I rode a few of the trails in each direction, but mostly in just one direction.
http://www.mapmyride.com/workout/404434467
You can use Google Earth to figure out how many acres are involved.
This may be a case where fewer people, buying less land, works better. Easier to be held accountable, to be a good neighbor (no motocross at midnight, no crossing property lines, etc.).
As to ownership setup, there are lots of options to explore: partnership, LLC, etc. You want a way for someone to be able to exit but the other owners have right-of-first-refusal (they get to either buy the share at FMV or approve the buyer). Limited liability would probably point to a LLC, but if a partnership then you would be suing yourself for what you did on your own property (undivided interest so you don't own 2 acres out of 25, you own 8% of 25 acres)
As to taxes ... not sure what the USDA / FSA rules are, but timber is a form of agriculture. Harvest a few trees each year.
My observations as a local mountain biker:
- I am very aware of the damage a few MTB's can do on a wet trail or by going off trail. That is the reason the local MTB riding areas are closed after rains so as to dry.
- Trail design has come a long way in 20 years. Several organizations hold workshops on how to build a trail so as to be sustainable. Part of it is human (go back to Luke's post) and part of it is geography / hydrodynamics (designing trails so as to not become streams when it rains).
- I am amazed at the length of trail that can be put into a small footprint.
Example 1: 16 miles at Shawnee Mission Park. I did each trail once in each direction.
http://www.mapmyride.com/workout/408026319
Example 2: 15 miles at Swope. I rode a few of the trails in each direction, but mostly in just one direction.
http://www.mapmyride.com/workout/404434467
You can use Google Earth to figure out how many acres are involved.
This may be a case where fewer people, buying less land, works better. Easier to be held accountable, to be a good neighbor (no motocross at midnight, no crossing property lines, etc.).
As to ownership setup, there are lots of options to explore: partnership, LLC, etc. You want a way for someone to be able to exit but the other owners have right-of-first-refusal (they get to either buy the share at FMV or approve the buyer). Limited liability would probably point to a LLC, but if a partnership then you would be suing yourself for what you did on your own property (undivided interest so you don't own 2 acres out of 25, you own 8% of 25 acres)
As to taxes ... not sure what the USDA / FSA rules are, but timber is a form of agriculture. Harvest a few trees each year.