March 19, 2013 
0 Comments
Taxpayers considering selling their farm or ranch with a primary residence can utilize both Section 121 and Section 1031 to exclude and defer capital gain taxes.
Read more
November 13, 2012 8 Comments
When selling land, whether farmland, timberland or raw land, federal and state taxes are triggered and due in the year following the sale.
Read more
August 2, 2012 0 Comments
When selling farmland or a ranch that has both a primary residence and land, it is important to consider the tax consequences of Internal Revenue Code Section 121 and Section 1031.
Read more
June 27, 2012 4 Comments
Given today’s real estate market where the lure to fix and flip is a part of mainstream reality TV, a question often in the mix is whether a 1031 exchange will defer the capital gains taxes?
Read more
March 22, 2012 0 Comments
Section 1031 of the Internal Revenue Code (IRC) requires the knowledge of many 1031 exchange tax rules. Violation of just one can jeopardize the tax deferral.
Read more
