Posted 5/19/2026 10:24 (#11650824 - in reply to #11650771) Subject: RE: 1031 rules need to change
EC Nebraska
If you sell farmground by the square foot the 1031 exchange should be for the same amount of acres. In other words if you sell 25 acres for 5 times what a farm would sell for you can exchange for 25 acres and avoid capital gains. You should not be able to sell 25 acres and go buy 2 quarters of farmground. That distorts the market and is not fair.
1031 rules need to change
