Farmers & Ranchers

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

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[...] Read More

December 17, 2021

Protecting Your Family Farm’s Legacy

1031 Exchanges/DSTs Farm Sales

1031 Exchanges: A Unique Estate Planning Tool You have just made one of the most important decisions of your life. You are selling your farm. Finally, after decades of farming the land that has been i[...] Read More

December 16, 2021

Selling Farmland and Capital Gains. What You Need to Know

Ranch Sales Farm Sales

Proposed Legislative Changes Might Change Your Planning If you don’t have an heir prepared to continue your farm operations or are considering selling your farmland, there are tax implications you nee[...] Read More