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| It seems like there is a new set of rules when it comes to farm land investments. Returns from cash rent used to be the base for a multiplier to project a fair price for the land. Now it seems like it is just a store of value like gold bars or bitcoin. The old rule of thumb valuations have been thrown out the window.
Probably the first time in couple decades that I haven’t bought a farm in the past 2 years. As you get older it also forces you to think about how long it will take to pay for itself. Having said that, I have a couple farms within the footprint of a new solar project. If that goes forward I will probably look for replacement farms or other investments that qualify for a 1031.
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Land Value - Where is this beast headed?
