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Land payments
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Posted 12/2/2024 13:04 (#10992174 - in reply to #10990714)
Subject: RE: Land payments


NW Missouri
saltcreek - 12/1/2024 15:09
On a side note it was a local retired farmer that was doing a 1031 exchange. This tax can down the road has really over inflated our land locally.


I agree completely. The 1031 system increases the demand for land, which is great for investors, sellers, real estate agents, and guys that already own a bunch of ground. Not so great for guys trying to grow that have no intention of selling anything.
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