---
title: What to do with your Farm or Ranch
description: Get answers important questions and issues related to selling your land, as well as how to handle the proceeds upon closing.
image: https://whattodowiththefarm.com/hubfs/farmland.png
---

![farmland](https://whattodowiththefarm.com/hubfs/farmland.png "farmland")

# Your most important asset can be the key to unlocking your future

## **Get the 5 tips to know before selling your farm**

![INLAND-FR-eBook-wBurst](https://whattodowiththefarm.com/hubfs/INLAND-FR-eBook-wBurst.png "INLAND-FR-eBook-wBurst")

### **Download NOW! **Only available for a limited time. Hurry Up!

**Our new checklist uncovers the potential opportunities and pitfalls when selling your farm. Discover the top tips that can help you with:**

- **Estate planning and beneficiaries**: Eliminate uncertainty by determining who will inherit your farm and ranch land and associated assets 
- **Minimizing tax implications**: It may be possible to defer taxes by reinvesting the proceeds in a like-kind investment
- **Remaining invested in real estate**: 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
- **Exploring passive property management**: 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

# About *"Top tips to consider when selling the farm"*

Selling your family farm is a big decision. Many farms have been part of a family’s history for generations and letting go of the property has sentimental and financial implications. We compiled a checklist of our top tips to help farmers and ranchers like you navigate this new territory. Before you move on from the daily oversight of running your farm, here are a few things to keep in mind:

 

## ![INLAND-FR-Icons-RealEstate](https://whattodowiththefarm.com/hs-fs/hubfs/INLAND-FR-Icons-RealEstate.png?width=160&name=INLAND-FR-Icons-RealEstate.png)

## Real Estate

Real estate investments have the potential to help generate retirement income and build long-term wealth to pass on to heirs.

## ![INLAND-FR-Tax-Deferral](https://whattodowiththefarm.com/hs-fs/hubfs/INLAND-FR-Tax-Deferral.png?width=160&name=INLAND-FR-Tax-Deferral.png)

## Tax Deferral

A Section 1031 exchange can help you transition to another real estate investment while deferring capital gains taxes.

## ![INLAND-FR-Passive](https://whattodowiththefarm.com/hs-fs/hubfs/INLAND-FR-Passive.png?width=160&name=INLAND-FR-Passive.png)

## Passive possibilities

If you’re ready for a less stressful form of real estate ownership, consider a passive strategy.

## Download our “Top tips to consider when selling the farm” NOW!

[![form.jump](https://whattodowiththefarm.com/hs-fs/hubfs/form.jump.png?width=403&name=form.jump.png)](https://whattodowiththefarm.com/minimize-tax-implications#Form)

 

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This communication is an advertisement. This communication is not intended as tax advice. We strongly recommend that you consult with your tax advisor. 

This website is neither an offer to sell, nor the solicitation of an offer to buy any security, which can be made only by an offering memorandum and sold only by broker dealers and registered investment advisors authorized to do so. 

The Inland name and logo are registered trademarks being used under license. Inland refers to some or all of the entities that are part of The Inland Real Estate Group of Companies, Inc., one of the nation’s largest commercial real estate and finance groups, which is comprised of independent legal entities, some of which may be affiliates, share some common ownership or have been sponsored and managed by such entities or subsidiaries thereof.

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© Copyright. The Inland Real Estate Group of Companies, Inc. 2021

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