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Wonder how the "sell land and use that money to rent more ground" strategy is working out?
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SMKX
Posted 9/5/2015 11:15 (#4772059 - in reply to #4772006)
Subject: RE: How about the tax liability?


Bingo

Let some cash rent cowboy farm it at crazy high rent

Get all payment up front and require removal rates of P and K put on too

If you bought it high and sell it high it sounds like you couldn't swing it anyway

I am sure there are a select few cases where this might play out but it's the exception not the rule.

If your in the business of farming and plan to stay that way then you don't sell ground. You might swap but you don't sell

Edited by SMKX 9/5/2015 11:16
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