Tag Archive: "real estate"
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Cropland values drop 3.9% in 2008
The USDA issued a report on Land Values and Cash Rents for January 1, 2008 to January, 1, 2009. This is a highly detailed report that summarizes the changes in land values and cash rents by region for calendar year 2008. Some of the highlights are as follows: Average cropland […]
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Defer Your Land Sale into 2010 Today
My partner Scot and I have a 1031 exchange company that handles many tax-deferred exchanges each year. About this time of year I like to remind our clients that they may be able to sell their land or real estate for cash, yet defer paying the tax on the sale until 2011. Here is how […]
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Communicate, Communicate, Communicate
The old saying in real estate is that the only three things that matter are location, location, and location. To me, the three things that matter most in succession planning is communicate, communicate, and communicate. Verbal communication between each of the generations involved is the important first step. What does the generation passing on the farm want […]