Our new checklist uncovers the potential opportunities and pitfalls when selling your farm. Discover the top tips that can help you with:
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:
Real estate investments have the potential to help generate retirement income and build long-term wealth to pass on to heirs.
A Section 1031 exchange can help you transition to another real estate investment while deferring capital gains taxes.
If you’re ready for a less stressful form of real estate ownership, consider a passive strategy.