Posted 12/16/2015 13:20 (#4964306 - in reply to #4964112) Subject: RE: 179 excemption- tile and setup in Basis on land
Camp Douglas Wi. 40miles nw of wi. dells
Yes if you tile and use 179, when your time is up your heirs would have step up basis and would inherit the extra value of the tiled farm. I,m 63 and that's what I,m doing. Dan
Edit. That's here in Wi, both state and federal, better check with your tax people from your state.
179 excemption- tile and setup in Basis on land
