1031 exchanges provide a unique tax-deferral tool for all appreciated real estate assets. Highlighted in the Internal Revenue Code Section 1031, “real property can be exchanged solely for real property of like-kind,” giving taxpayers the ability to defer capital gains…
Thanks to less expensive land, lower cost of living, milder winters, and a diverse array of landscapes, brokers in the SOUTHEAST enjoyed a banner 2020. BY CORINNE GAFFNER GARCIA Last spring, as the ramifications of COVID-19 became more and more…
For decades, urban sprawl has been feasting on American farmland. A report by the American Farmland Trust states that between 1992 and 2012, nearly 11 million acres of land that had been used for “intensive food and crop production” were…
In November, the Cherokee Nation purchased Roger’s birthplace from the Oklahoma Historical Society. The 162-acre property situated in Oologah (35 miles north of Tulsa) includes a ranch-style home converted into a museum that depicts life on a 19th-century ranch in…
Produced by brokerage Atlantic Western Realty Corporation, the report examines trends in equestrian land sales in the South Florida enclave, known as the winter equestrian capital of the world. For the first time in more than a decade, the actual…
The overall 2 percent rise represents the first year-over-year increase in ag land values in the past six years with Indiana and Wisconsin leading the way at 6 percent and 3 percent, respectively. Illinois grew 2 percent with Iowa at…
By KATY RICHARDSON | Photography by WYMAN MEINZER Kelsey’s version of home on the range takes place in the heart of the Big Empty. Texas’s King County has been home to many of the most storied ranches in the history…
By ERIC O’KEEFE The co-founder of Microsoft and his wife rank as America’s largest private farmland owners. Call it a hunch, but the story did not jibe. I scanned the headline for the umpteenth time and then read and reread…
Futures linked to the Nasdaq Veles California Water Index began trading on the Chicago Mercantile Exchange in early December, representing a whole new way to buy water. Amid concerns about climate change and resource scarcity in a state that uses…
Despite lucrative offers for their 2,200-acre heritage farming property, Dick and Jillian Jardine donated the land in November to the Queen Elizabeth II National Trust. Situated on New Zealand’s South Island in the Central Lakes Region, the scenic land had…
