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
Discover the Charm and Opportunities of North Dakota
Are you considering a move but unsure where to settle? North Dakota, often overlooked by travelers and potential residents alike, offers a wealth of opportunities and a lifestyle to suit a variety of preferences. Whether you’re drawn to outdoor adventures, a slower pace of life, or expanding career opportunities, this charming state has something to […]
Easement Dispute – Ask an Agent
Dear Land Expert, I am preparing to list my Western ranch soon; however, my neighbor is currently contesting an easement that crosses a corner of their property, an access route I’ve used consistently and that has been essential for reaching certain parts of my land. While I’ve always understood this to be a valid easement, […]
