We sold two remote farms that had farmsteads on them. A lot of storage, buildings, etc. In the works as we speak.

If it had been pure farm land I would not have even considered it. We are renting the rest of our ground out. That will be part of our retirement income stream.

I just did not want the hassle of maintenance and trying to rent the bins and buildings out. Plus they were 25 miles away from home. We are at a point of simplifying our lives, not complicating them. I really vacillated on letting the farm land go, but happy now the papers are signed.

The big downside is oh boy is the tax man going to take a bite out of our *ss. Inflation induced gains on both land and depreciated infrastructure. Ouch. (I don't think the places are "worth" any more than when we bought them, the dollar just buys less).

The other thing is, now what the heck do I do with the money? It is worth almost nothing renting it out (interest) and the stock market looks like a balloon looking for a pin. Financially I would have been better off keeping it. Renting the land and letting the buildings and bins rot would have brought in a percent or two on investment (compared to a sale and paying the taxes). We just wanted out of the worry. Money and investments are not everything in life.

John