Financial Strategies for Selling a Farm or Ranch

How can I save taxes on the sale of my farm or ranch?
How do I invest proceeds from the sale of my farm or ranch to create secure retirement income?
What are financial strategies for selling a farm or ranch?
What is a 1031 exchange?
What is a charitable remainder trust?
How much capital gain tax will I pay if I sell my farm or ranch?

Selling a farm or ranch typically creates significant tax consequences. Without proper planning prior to a sale, the wealth a family has worked a lifetime to create may be eroded by up to 50% or more.

Our  Wealth Guide titled Financial Strategies For Selling a Farm or Ranch will illustrate the sale of a highly appreciated $15 million ranch.  It will examine how the use of proven wealth preservation strategies will allow a family to:

  • Decrease taxes paid on the sale
  • Increase annual income for retirement
  • Increase wealth passed to heirs
  • Increase money left to charitable organizations

The advanced planning strategies include:

  • IRC Section 1031 Tax-Deferred Exchange
  • IRC Section 664 Charitable Remainder Trust
  • IRC Section 121 Personal Residence Exclusion
  • Strategic sale price allocation
  • Irrevocable Life Insurance Trust

To view the Wealth Guide: Financial Strategies For Selling a Farm or Ranch, click here