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Farm rental from father to son
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Blusteryknollfarm
Posted 9/26/2020 09:10 (#8515897 - in reply to #8515878)
Subject: RE: Farm rental from father to son


North Central Illinois
The other thing is that the "risk" of paying capital gains tax is pretty small if you intend in staying in the business of owning land. You can even sell to development and move and carry the low basis with you through a 1031 exchange.
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