1031 Exchange | LandThink

Tax Implications of Selling a Ranch: Two Tax Deferral Strategies

February 15, 2012 6 Comments

The kids have grown, the company no longer uses the property as a retreat, the…

1031 Farmland Exchange for Primary Residence

January 6, 2012 4 Comments

With the recent increases in farmland values and drop in real estate prices, some smart landowners might consider selling their farm and purchasing a new home.

Five 1031 Exchange Rules

December 28, 2011 2 Comments

1031 exchange rules have been refined since being created by the Department of Treasury ninety years ago. The Internal Revenue Service (IRS) enforces a Treasury Regulation known as Section 1031 that provides all taxpayers with the ability to defer…

1031 Exchange: Leasehold – Wind Turbine, Billboard, Cell Tower

December 21, 2011 0 Comments

A 30 year or more leasehold of land is considered like-kind to a fee interest in land. Providing that the taxpayer has the right to extend the lease…

1031 Exchange: Livestock – Top Breeding Bulls

December 13, 2011 4 Comments

After reading Jeanne Marie Laskas great article “Breeding the Perfect Bull” published in the Smithsonian Magazine, I wondered whether a 1031 tax deferred exchange would make sense when…