Posted 8/26/2013 19:23 (#3290781 - in reply to #3290761) Subject: Re: Land Prices???
SW Iowa
If you are paying cash, I understand that to mean you got it, and it makes no difference how much pre tax income you have.
If you are financing, then a whole new set of rules apply. Used to take 2 paid-for farms to buy a third one with borrowed money, all 3 being fairly equal in size and productivity.
Land Prices???
