Farmers & Ranchers

September 22, 2022

The 1031 Exchange Process Step by Step

Ranch Sales

We have discussed the 1031 exchange in many previous posts, and we introduced several of the rules and requirements you must follow if you decide to sell your farm using an exchange. In this discussio[...] Read More

August 25, 2022

Is a 1031 Exchange a Good Choice for Your Farm?

Farm Sales

Our last post discussed the five most common options available to farmers considering selling their farmland. As a refresher, the most common options available to you when considering a sale of your f[...] Read More

August 11, 2022

Should You Sell the Farm? Five Options to Consider

Farm Sales

The decision to sell your family farm is likely draped in a lifetime of memories and emotions. Your farm may have been in the family for generations, and you have faithfully kept stewardship over your[...] Read More

July 29, 2022

How to Choose a Qualified Intermediary for Your Farm's 1031 Exchange

Farm Sales

As discussed in earlier posts, the 1031 exchange is a popular strategy used by agricultural landowners to sell farm property and defer paying capital gains tax. We have discussed many of the rules and[...] Read More

July 14, 2022

Top Tax Issues Farmers and Ranchers Face

1031 Exchanges/DSTs Ranch Sales Farm Sales

Tax Concerns Remain at the Forefront for Farmers and Ranchers Americans revere the farming and agriculture industry above all others according to recent Gallup polls,1 yet few U.S. citizens can grasp [...] Read More

June 30, 2022

How To Defer Capital Gains Taxes When Selling Your Farm

Your interest in considering a 1031 exchange for selling your farmland reflects your commitment to preserving your family's wealth long after your property changes hands. Read More

June 16, 2022

Can You Purchase Raw Land with a 1031 Exchange?

Agricultural landowners like you often ask us if raw land qualifies for the tax-deferral benefits of a 1031 exchange. The short answer is yes, but there are factors to consider, as with most investmen[...] Read More

June 02, 2022

Agricultural Landowner’s Intro to the Delaware Statutory Trust (DST)

1031 Exchanges/DSTs

The Delaware Statutory Trust (DST) An increasingly popular investment strategy for farmers selling ag land Read More

May 19, 2022

Does Your Farm Qualify for a 1031 Exchange?

Ranch Sales Farm Sales

In previous posts, we discussed ways you can help preserve your family farm’s legacy and shield yourself from excessive taxation when selling your farm or ranchland. In this discussion, we continue to[...] Read More

May 05, 2022

A Retirement Option for Farmers and Ranchers

Farm Sales

Looking for a family succession plan? A 1031 exchange is a powerful estate planning tool to consider. If you are reaching the age where the concept of retirement is either becoming more appealing or n[...] Read More