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Farm rental from father to son
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Hoosierheartland
Posted 9/26/2020 06:18 (#8515624 - in reply to #8515606)
Subject: RE: Farm rental from father to son


The rent until he dies scenario is how it’s spelled out today. I think it would be a big help if I owned some ground of my own but I think he’s reluctant enough to be giving the managerial rights and equipment away, to ask him to give land away probably isn’t going to happen in the near future. He owes on one 40 acre piece and we had both talked about my buying that for what he owes and starting with that. I do need to find out about a line of credit for first time farmers. I’m sure there’s programs that would allow less than ideal equity and working capital. Just not sure what kind of strings will be attached. I do need to do some research there.
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