WRCA to Stay in Amarillo

We received the press release from the WRCA announcing their new agreement with the City of Amarillo to keep the 2019 and 2020 World Championship Ranch Rodeo at the Civic Center in Amarillo.  We are a proud sponsor of this event each year and encourage you to come out to see us this year November 8-11, 2018.  Read the press release here.

Land Transition Can Lead to Unintended Consequences

Land Transition Can Lead to Unintended Consequences by Allan Vyhnalek, University of Nebraska Extensions Grandpa and Grandma farmed. They retired. They had two irrigated quarters. They had two sons who had started farming operations themselves. So, their transition plan was to give a quarter to each of the sons at their passing. Grandpa passed away, followed by the Grandmother about a year or so later. The lawyer handling the estate was not given specific instructions about the transfer of the quarters. He just put number one and number two in a hat, the sons drew a number. Then there were …

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Land Measure

Interesting facts about measuring land.  Learn the definition of measurement terms such as Acre, Hectare, Chain, etc.  Contributor Tom Dorn, Extension Educator, University of Nebraska Cooperative Extension in Lancaster County. University of Nebraska Facts

USDA Resumes Continuous CRP Enrollment

A new window has opened for sign-up for the Conservation Reserve Program (CRP).  USDA will resume allowing continuous CRP sign-ups from June 4 through August 17. According to USDA, producers with contracts that will mature Sept. 30 and have a contract term of 14 years or less will also be able to enroll for a one-year extension during the same sign-up period.  However, producers with contracts that would breach the 15-year limit with a one-year extension are not eligible. According to Pro Farmer’s Jim Wiesemeyer, USDA has not allowed continuous sign-ups under CRP so far in fiscal year 2018 as …

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RLI LANDU Education Week

Greg Good (back row), CLB Sales Associate and Perryton Branch Office Manager, recently attended the Realtor Land Institute LANDU Education Week in Arlington, TX. June 11, 2018 (Chicago) – The Realtors® Land Institute (RLI), an affiliate of the National Association of Realtors®, is proud to announce a record-setting number of land real estate professionals in attendance at their annual LANDU Education Week. Fifty attendees from fourteen states gathered in Arlington, TX, last week to gain top-notch expertise through RLI’s Land University (LANDU) Education Program. Twenty-one of those students completed all 6 courses being offered towards the elite Accredited Land Consultant …

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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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More Bad News from Drought Monitor

The extreme drought conditions are expanding in our region.  Here is the latest map from the Drought Monitor and a link to their reports. Drought Monitor  

2018 Land Conference

Greg Good (Perryton) and George Clift, ALC attended this year’s RLI National Land Conference in Nashville, TN.  It was a great conference, offering lots of good information for Land Brokers.  We are looking forward to next year’s conference in Albuquerque, NM.

Investing in Land for Retirement

March 8, 2018 Realtors Land Institute Choosing how to save for retirement can be a decision that takes years. After all, that’s the money that you’ll be living on during your golden years. Most people stick to 401ks and stocks, but what many people don’t know is that you can invest in land real estate to save for retirement. Investing in land real estate can be a great way to save money long-term, but with any investment, you need to know what type of land to invest in, what sort of returns you can expect, and what to avoid when …

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