What the New Tax Law Means for Agriculture

New article May 16, 2018 by Farm Credit Bank of Texas (land.com) The largest overhaul of the U.S. tax code in three decades went into effect this year, impacting farmers, ranchers and other rural landowners in a variety of ways. For the most part, financial experts anticipate benefits for these groups. “The 2018 tax law changes include several items that I feel will be beneficial to agricultural producers,” says Burl Lowery, a Brownwood, Texas, certified public accountant and director of Central Texas Farm Credit. “The increase in the exemption in estate and generation-skipping taxes to $11.2 million in 2018 will …

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Questions and Answers with George Clift, ALC

George Clift was recently interviewed for a question & answer article in the January 18, 2018 issue of the Farm Journal LandOwner Newsletter.  See the article here. There are other articles about the New Tax Bill and Farmland Values you may also find interesting.  Click here to read the entire newsletter.

1031 Exchange Thoughts from David Fisher, Creative Real Estate Strategies

For years, Congress has been thinking of making changes to 1031 exchanges but no one really took them seriously. Well, I think that we better start taking them seriously now because the general consensus is that they are going to make changes and it’s going to happen sooner than later. And it probably won’t be pretty. Read Article