Greenfield Bamboo Investments in High-demand Products Yield Excellent Returns and Tax Advantages
September 12, 2023 — A new sustainable crop is taking over erstwhile citrus grove acreage in Florida, and Greenfield Bamboo’s turn-key investment model is showing promising returns for investors looking to diversify their portfolios with reliable income-producing real estate assets.
The demand for bamboo is high. Bamboo shoots are a staple in Asian cuisine, and a favorite of health-conscious shoppers. There is also a burgeoning industry in products that are produced from bamboo wood, ranging from textiles such as sheets, to building materials, soil amendments and renewable energy. The growing conditions in Florida are perfect for bamboo. Fast growing and hardy, the plants are ready for their first harvest in year four, and then produce profitably for decades.
“Greenfield Bamboo has developed a tax advantaged real estate investment model whereby investors own the land and reap the tax advantages and income, while Greenfield Bamboo does all the work to develop and manage the farms,” said Kevin Barley, Greenfield Bamboo. “We have decades of farming experience, have subdivided larger parcels of well-positioned and valued land, and spread our equipment and labor over the entire area, which makes for a very efficient model.”
Real Estate Investment Without Being a Landlord
As an investment vehicle, bamboo farming is part real estate investing and part business ownership, with the benefits of each, and none of the hassles. Investors take title to the land and all improvements, and may be eligible for bonus depreciation and other tax advantages. As a business investment, costs of running the business, including visits to the property in Florida and other expenses, are also deductible.
You Don’t Have to Know Anything About Farming
Investing in a bamboo farm requires no farming experience or daily management of the farm. The team at Greenfield Bamboo are bamboo farming experts. They take care of everything from finding the right parcels of land, to land preparation, planting and care of the crops, and packing and marketing of the shoots and wood.
“Total investment costs are around $20,000 per acre, with annual mature farm income of $10,000-$15,000 per acre,” said Barley. “Taking into account initial start-up expenses, we’re showing a 10-year IRR of 15-22%, and that’s without the additional tax advantages.”
For more information in diversifying your investment portfolio by owning a sustainable bamboo farm, visit greenfieldbamboo.net, or call 407-625-5046.