Navigating a 1031 Exchange
Selling a farm or a ranch, like selling any business, often involves many different types of assets. The transaction may include equipment, livestock, water rights, crops, inventory, and, of course, real estate. Investors interested in selling a farm or ranch using a like-kind exchange under Internal Revenue Code §1031 should focus on the particular property being sold and purchased in order to maximize various tax tools, including the amount of capital gain that they will be able to defer. First American Exchange experts are here to help you navigate your 1031 Exchange. What is a 1031 Exchange? When you sell
Rhythm of a River
Three Ways to Become a Successful Angler Have you ever fished with someone who you consider to be “fishy”? I’m talking about the angler who is just different; the angler who always knows where to go, when to go there, and meets with success. Of the many characteristics of a “fishy” person, perhaps the most […]
Maximizing Your Timber Investment
For a timber owner, the decision to harvest is frequently a function of timing and often catalyzed by factors such as the economy, age of the timber, log markets, leverage and, on occasion, naturally occurring events such as infestation, drought, or fire. There are undoubtedly many more factors not mentioned here that would impact a […]
