Posted 1/18/2018 11:08 (#6514270 - in reply to #6514239) Subject: RE: Are there any tax benefits for an estate selling land to a beginner farmer?
south central mn
Son had a purchase agreement on a "40" last summer and seller opted to wait until January 2nd to close. Said it saved him 13k selling to a qualified young/beginning farmer by waiting until 2018. That's Minnesota but would be worth while to check tax situation in Sconi!!
Are there any tax benefits for an estate selling land to a beginner farmer?
