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10 things to know before buying farm ground
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GregWCIL
Posted 2/23/2015 06:50 (#4406851 - in reply to #4404508)
Subject: RE: 10 things to know before buying farm ground


West Central Illinois

AGR568 - 2/22/2015 08:17 The most prosperous operations "around here" are the ones that inherited the land base, a grain setup, a house and a paid for line of equipment.

Oh, thanks for reminding me of some more benefits: Land creates a forced savings account, so you don't blow all your money on new paint. It also has huge estate tax benefits.  And yes, it helps to think of it in multi-generational terms. You can look with envy on those who inherited something or you can become the generation who invested something for your kids and grand kids to build on.

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