Selling investment land can create a sizable capital gain. If you plan to use the proceeds to purchase another property, a Section 1031 like-kind exchange may allow you to postpone
Selling land for more than you originally paid does not necessarily mean you will be taxed on the entire sale price. It also does not mean the amount deposited into
Buying or selling rural land involves more than agreeing on a price and choosing a closing date. Financing, taxes, title work, property use and long-term ownership plans can all influence
After weeks or months of preparing, marketing, showing, negotiating, and completing due diligence, the final step has arrived: closing. Closing on rural land officially transfers ownership from the seller to
Marketing rural land is about far more than placing a property on the MLS and waiting for buyers to find it. Every rural property has unique features, a different audience,
When most people think about getting a property ready to sell, its often the small steps that make the biggest difference. For a home you might concentrate on fresh paint,
When people ask, “What’s my land worth?” the answer is almost never as simple as multiplying acres by a price per acre. Two neighboring properties with the same acreage can
Selling land is rarely a spur-of-the-moment decision. For many landowners, the decision comes after years, or even generations, of ownership. It may be tied to retirement, a changing farming operation,
Every Acre Tells a Story™ A Ranch That Pays You to Own It: 1,950± Acres of Income, Trophy Whitetails, and Luxury Living in Grundy County, Missouri If you are looking
Building a Barndominium? Read This First. Written By Chase Burns, Northwestern Illinois LandGuys Broker If you’ve spent any time looking at rural properties over the last few years, you’ve probably
