1031 Farmland Exchange for Primary Residence
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.
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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.
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With the recent run-up in row-crop farmland prices, savvy investors should be looking to similar investments that offer many of the same benefits of crop land ownership, without the hefty price tag.
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The big news on farmland values this week was the $16,750 per acre price for Iowa farmland. Even more shocking was that it topped the previous high price of $15,368 an acre a whole week before in another part of the state.
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During the last ten plus years that I have been receiving the magazine from the National Association of Realtors I do not ever remember an entire article devoted to land and specifically farmland.
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In the midst of the stagnating economy and fears of a double dip recession, U.S. farmland and cropland values as a whole continue to be bullish.
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