| Jrditchdigger - 12/16/2025 11:46 My Iowa stuff is half of the cost of the stuff basically adjoining it to the north.
How does the cost of buying land on either side of the border compare to each other over there?
$30/acre (?) of property tax savings only pays the interest on another $600/acre of borrowed money at 5%. Over in this corner, the land north of the border sells at a bigger discount than $600/acre.
Also keep in mind that Iowa's ag property taxes are held low by the productivity index which includes a capped increase per year. It has repeatedly been under attack in many legislative sessions, if there's ever enough votes to repeal it, Iowa's farmland property taxes will very quickly (nearly instantly) catch up with Minnesota's, hopefully not Nebraska's.
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Tired of the crying.