farmin'fool - 11/11/2026 18:41
Sorry that I was not clear. If not for the tax hit, I would have an auction soon for the equipment, and just rent out the last parcel, too. My older brother sold his at auction and was relieved of "well over a hundred k" which his tax man told him was unavoidable ...
For the record, I inherited some of the land myself with the unspoken caveat that I would farm myself and ot make a quick conversion to cash.
Brother had a pizz poor tax man.You don’t have to pay the the tax, just got to do some proper planning before calling the auctioneer.