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50/50 land purchase???
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stricker78
Posted 3/22/2015 11:00 (#4469315)
Subject: 50/50 land purchase???


Alliance, NE
Does anyone have experience with a 50/50 land purchase...I'm talking irrigated land. How do they work? I would be doing all the farming and irrigating. The other buyer has managed this land but won't be farming as he has a whole different business to run as well. How do splits go? I'm guessing taxes, pivot repairs, ect are split 50/50......anyone have any experience with this kind of situation ? Thanks
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