Section 1031 of the Internal Revenue Code (IRC) requires the knowledge of many 1031 exchange tax rules. Violation of just one can jeopardize the tax...
Selling Land
Are you selling your land? Learn the ins and outs of selling land, pricing, technology, owner financing and how to market your land. Get land smart!
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...
In Part 1 the idea of various land specific websites was discussed. This time let’s surf around the topic of social media. Not that long ago...
Remember several years ago when gasoline skyrocketed to $4.00 per gallon? Of course you do, but did you quit driving, or even change your driving...
When you decide to sell your land – whether it be farmland, timberland, ranchland or hunting land, be sure to ask the agent about the websites where...
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...
Before going to go preview rural land with a real estate agent, ask them what’s in their truck. I never was a Boy Scout. I would have loved to have...
After reading Jeanne Marie Laskas great article “Breeding the Perfect Bull” published in the Smithsonian Magazine, I wondered whether a 1031 tax...