FARM BUSINESS NEWS
Marcia Zarley Taylor DTN Executive Editor
Tue Mar 11, 2014 06:34 PM CDT


Why Seniors Keep a Grip on Land



The link between aging farm landowners and capital gains rates is no coincidence: Many elderly farmers simply can't bear to share the proceeds of a wise lifetime investment when their heirs can have all past capital gains forgiven at death. This sentiment has become even more pronounced since good Iowa farmland runs $10,000/acre today but could have a tax basis as tiny as $200/acre if acquired in the 1950s. Is it any wonder that more than half of Iowa's farmland is owned by seniors who qualify to collect Social Security ...

Quick View
  • Xtend Moves Forward USDA has issued its final environmental impact statement recommending full deregulation of Monsan...
  • Land Market What could the next year hold for land values?
  • No Agreement on Tax Extenders White House spokesman Josh Earnest on Monday said in his daily briefing that the White House woul...
  • Senior Partners - 4 At-your-service consultants help you walk through estate planning from start to finish.
  • Dow's Gutsy Decision Dow's decision to launch Enlist offers some hand-selected growers a chance to test drive new tech...
  • Congress Reaches Funding Deal The overall Agriculture Department and related agencies bill would cost $20.5 billion for fiscal ...
  • Klinefelter: By the Numbers Agriculture colleges are ignoring courses that tomorrow's farm operators will need to manage bigg...
  • Ask the Vet What can I do to improve udder quality in my herd?
Related News Stories
Senior Partners - 4
Year-End Tax Panic
Ag Interest Rate Snapshot
Klinefelter: By the Numbers
Automating the Farm Workload
Pillars of Leadership