Question
A person bought a piece of land and intended to sell it after some time. Is there Zakat due on it?
Answer
I say, and with God's help: Zakat is not obligatory on land unless it is for trade, meaning it was purchased with the intention of selling and trading, even directly. What you are in is not like that, so there is no zakat on it, because you did not buy it with the intention of trade. And God knows best.