Buying land to subdivide it to form a community

I have heard through podcasts about buying land and subdividing it to community members. For those who have done it or have any knowledge, what are the pros and cons? Is doing this through an LLC a better way?

Thanks.

I noticed, browsing the FIC classifieds that there’s a DC lawyer partnered with the FIC. She advertises that she’s well versed in communities such as these. Below is her link.

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Wow. This is helpful, thank you!

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Hey there, I added the tags ‘legal’ and ‘property’ to this topic!

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