Posted 4/3/2021 21:50 (#8932663 - in reply to #8932652) Subject: RE: Farm sale -359 acres -$10.7 mil. cdn-sold
Well........Biden is coming after you to tax whatever it has appreciated since then. Go ahead and send your check in for 40% of the $9750 over what your Dad paid for it that it has appreciated. Let's see............360 acres x $9750 x 40%=$1,404,000. Go ahead and send a check into Biden and avoid the hassle of dealing with it later. It'll save you a lot of trouble.