Eliminate uncertainty by determining who will inherit your farm and ranch land and associated assets. It may be possible to defer taxes by reinvesting the proceeds in a like-kind investment.
Your farm has given you a first-hand look at the benefits of real estate, and now may be an opportune time to see how property ownership can continue to play a central role in your investment portfolio.
If you are uneasy about immediately jumping into another time-intensive real estate venture, you may want to consider a passive, hands-off path forward.
Learn more about selling your agricultural property in our "Top tips to consider when selling the farm."
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