September 30, 2013

Death and Taxes – Estate Tax Realities

We hope none of you are planning on dying anytime soon, but the reality is that we all go at some point.  For farmers and ranchers who own land that will be passed on to the next generation, a little planning, and some background in inheritance taxes could make it a little easier on your […]

October 14, 2013

Death and Taxes Part II – State Taxes

In Part I of Death and Taxes we looked at the Federal “Death Tax” and found that changes to the tax laws have reduced the worry for most farms, ranches and small businesses. But you’re not out of the woods until you know a bit about your state estate taxes. So check it out!

July 6, 2015

Transferring Farm Assets or Retiring From Farming: Tax Tips When You’re Gifting or Inheriting

Editors Note: This is Part Two on the ins and outs of U.S. Tax Law when passing on your farm and assets. Part One covered what happens when you sell them.  Gifting If you are giving a farm asset as a gift, the receiver gets the asset as well as the tax basis (the amount […]

January 7, 2019

Ranching in the Future – What Should Young Ranchers Expect?

I recently received a note from a young friend (let’s call her Peggy Sue) who desperately wants to be a rancher. Since her childhood she has dreamed of working with animals. She has learned about marketing and economics. She’s studied hard and become a competent grazier. She’s done some hard work. But she’s getting a […]

November 13, 2017

What Does Proposed Tax Reform Mean for Farmers and Ranchers?

On Pasture has no position on the current tax reform legislation, nor are the editors experts in tax law, the proposed legislation, or how it might affect different people and businesses. Taxes are a complex ecosystem of rules and regulations and it always helps to have more information about how different changes will alter the […]

September 11, 2017

Land Contracts: Owner Financing With a Twist

In the spirit of examining ways to acquire land through seller-financing, it is time to take a look at land contracts.  The land contract is a variation of the owner-financed sale, with both mechanisms being a way for a farmer-buyer to come to terms with an owner-seller, independent of third-party bank financing or complementary to […]

September 4, 2017

A Primer on the Owner-Financed Farm Sale

There are fewer farm acquisition arrangements more attractive for new farmers than the owner-financed sale.  It can be a win-win situation for both the farmer-buyer and owner-seller,  as long as both parties are well aware of the risks before entering into an agreement. In an owner-financed sale, title is passed to the farmer-buyer, and the […]

December 5, 2016

Conservation Easements FAQs

Conservation easements are a way to protect open lands such as farms and ranches, wildlife habitats, historic and cultural sites, and scenic vistas from development, while keeping them in private ownership. Conservation easements are flexible to meet the needs of the landowner, protect private property rights while providing compensation to landowners, and can be a […]

June 29, 2015

Transferring Farm Assets or Retiring From Farming: Tax Tips When You’re Selling

Farmers and others interested in maintaining the working landscape need to plan carefully in order for farms to be successfully transferred. This is true if the transfer is within a family from one generation to the next or between unrelated, retiring and beginning farmers. One of the most important aspects of a successful transfer is […]

June 15, 2015

How to Get Your First Farm Loan

Here’s what lenders are looking for and what you can expect as you go through the process of borrowing money from a bank. It’s good information even for those who’ve gotten loans in the past.

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