Minding Ag's Business
Marcia Zarley Taylor DTN Executive Editor

Thursday 10/24/13

When You Are Your Brother's Keeper
Off-farm heirs need fair rent if they jointly own your farmland and decent buyout prices when they exit farm ownership, courts and business counselors say.[Read Full Blog Post]
Posted at 10:39AM CDT 10/24/13 by Marcia Zarley Taylor | Post a Comment
Comments (1)
Correction: Actually the double taxation for C Corp shareholders is slightly worse than 35% plus 20%. We forgot to add the new 3.8% surcharge on investment income, so the combined damages would be 35% corporate tax, plus 23.8% for the individual. Net result is you'd take home less than HALF of any farmland appreciation in a C Corp, BEFORE state income taxes. If you need ideas on how to unwind a C Corp, see Elizabeth Williams' excellent article "Avoid the Land Trap" in the November issue of The Progressive Farmer magazine and/or join us in Chicago!
Posted by Marcia Taylor at 11:02AM CDT 10/25/13
Blog Home Pages
October  2013
S M T W T F S
      1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31      
Subscribe to Minding Ag's Business RSS
Recent Blog Posts
  • Fat-Cat Rents Most Vulnerable
  • Why Rents May Be Slow to Tumble
  • What Farm Widows Wished They Knew
  • Cash Rent Needs a Relief Valve
  • Spring Fling Lifts Land Markets
  • Why Succession Plans Stall
  • Pick Estate Advisers Who Make the Grade
  • Farmland: Trophy or Investment?
  • Landowner Appeals Landmark CRP Case
  • Watch Sticker Prices on Farm Loans
  • Sec. 179 Depreciation in Limbo Again
  • A 20% to 25% Land Crash? Really?
  • Contrarians Counter Ag's Doomsday Decade
  • Avoid the Marketing Blame Game
  • If You Farm, There's No Place Like Home
  • Not 1979 All Over Again
  • The Great ARC or PLC Debate
  • Farm Incomes Bounce from Feast to Famine
  • Keep Family Legends Alive
  • Russian Grain Embargo in Retrospect