FARM BUSINESS NEWS
Taxlink by Andy Biebl
Andy Biebl DTN Tax Columnist
Wed Apr 2, 2014 11:43 AM CDT

With the slowdown in farmland appreciation, we may see retired landlords and investors willing to sell. But there is a new barrier: higher capital gains rates. With land sellers now often facing 23% to 25% federal rates plus additional state income taxes, we will see sticker shock and an unwillingness to deal. As we learned coming out of the Reagan era, higher capital gains rates suppress selling activity; lower rates stimulate ownership changes.

THE NEW RATES

Previously, a large gain from the sale of farmland was taxed at a flat 15% federal capital gains rate regardless of the amount. But ...

Quick View
  • Dr. Dan Talks Agronomy DTN Contributing Agronomist Dan Davidson gives his take on the Six Secrets of Soybean Success pro...
  • Mountain Top Prices North Carolina's mountain cattle producers have always been an independent bunch. But a new allia...
  • Ask The Mechanic Ask the Mechanic answers the question about how VW and German engineering was able to get by with...
  • Senior Partners - 4 Except for family sales, seller financing virtually vanished after the farm crisis of the 1980s w...
  • PNW Ag Hit by Historic Drought In addition to problems with the Northwestern wheat crop, cattle are also being adversely affecte...
  • RFS Deadline Nears With the deadline to file comments on the proposed Renewable Fuel Standard volumes to strike at m...
  • Saving Our Forgotten Harvest About 40% of America's food goes uneaten each year. This nonprofit is working to remedy that prob...
  • Look Beyond Yield Soybean industry increases efforts to promote the importance of oil and protein content to farmer...
  • Ask the Vet Is this fly-control mineral block safe for my whole herd?
Related News Stories
Senior Partners - 4
Senate Panel OKs Tax-Extenders Bill
Ask the Taxman by Andy Biebl
Ask the Taxman by Andy Biebl