Posted 9/22/2023 13:03 (#10411739 - in reply to #10411418) Subject: RE: agriculture is an industry of dynamic change......
Roseglen, North Dakota
Bingo. Tax when you sell the land. More tax on the CD interest. With no deductions if youre not farming.
And maybe the $20,000 land isnt paid for?
Its not always as rosy as it looks by selling out. Farming has been a very profitable ride.
If you sold the land 10 or 20 years ago Im not sure you wd look real smart right now.