| pat-michigan - 5/11/2025 07:18
I can put you in contact with a guy who might be of help to you. It costs nothing to speak with him, he's been involved to a degree in a few 1031's I've done. I've been happy with the results.
As others mention: timing is everything. Tax years don't really have any bearing on the deal, outside of your tax person will have a little additional work. Nothing big I don't think.
If you end up selling depreciated assets as a result of the land sale: listen to Boone. There are ways to fund a retirement plan from that sale for example that can be very beneficial to you. Yup. He’s found himself in an enviable position. It’s nice to have options so as to not let taxes hamper the decision making process. |
Moving the farm
