The kids have grown, the company no longer uses the property as a retreat, the taxpayers want to downsize or the price offered represent a number of...
Andy Gustafson, CES
With the recent increases in farmland values and drop in real estate prices, some smart landowners might consider selling their farm and purchasing a...
1031 exchange rules have been refined since being created by the Department of Treasury ninety years ago. The Internal Revenue Service (IRS) enforces...
A 30 year or more leasehold of land is considered like-kind to a fee interest in land. Providing that the taxpayer has the right to extend the lease...
After reading Jeanne Marie Laskas great article “Breeding the Perfect Bull” published in the Smithsonian Magazine, I wondered whether a 1031 tax...
Farms and ranches are made up of real and personal property. Depending upon the intent of the owner, land can be sold in a 1031 exchange replacing...
The LANDTHINK Summit, a great one-day event held in Duluth, Ga. on September 29th brought together Timber Real Estate Investment Trusts (REITs)...
When selling a capital asset, it is critical to include the tax consequences of the transaction in the decision making process. Three taxes are...
In the midst of the stagnating economy and fears of a double dip recession, U.S. farmland and cropland values as a whole continue to be bullish.
Atlas 1031's Andy Gustafson attended a farmland auction held by Schrader Auctions and shares his insights into the bidding process.