Do you provide drone videos?
Top 50 Questions about Farmland Yes, at Whitaker Marketing Group, we use drone videos to showcase farmland and maximize its appeal to potential buyers. Drone footage has become one of the most effective ways to attract attention and generate interest online. Why Use Drone Videos? Higher Engagement: Online videos, especially drone footage, receive more views […]
How much does a farmland broker charge?
Top 50 Questions about Farmland Farmland broker fees can vary widely depending on the size of the property, its value, and the services provided. Here’s what you need to know about typical charges. Typical Broker Fees Percentage-Based Fee: Broker fees usually range from 1% to 10% of the sale price. Larger farms (e.g., $20 million) […]
How soon can we close?
Top 50 Questions about Farmland The farmland closing timeline is one of the most common questions sellers and buyers ask. While the typical farmland closing timeline is around 45 days, it can vary based on the structure of the deal, financing, title work, and how quickly each party completes their requirements. Understanding this timeline up […]
What are the time limits for 1031 tax exchange?
Top 50 Questions about Farmland A 1031 tax-deferred exchange lets you reinvest the proceeds from a property sale into another like-kind property while deferring capital gains taxes. To make the most of this strategy, you must follow the IRS timelines closely. When you understand these deadlines, you can plan ahead and keep your exchange on […]
What is a 156 form?
Top 50 Questions about Farmland The 156 Form is a vital document for farmland owners, often referred to as the “pedigree” of your farm. It provides detailed information about your farm’s characteristics, usage, and participation in government programs. What Information is on a 156 Form? Acreage Details: Total acres. Crop acres. Tillable acres as recognized […]
How and when do you serve lease termination?
Top 50 Questions about Farmland In Iowa, lease termination is a critical step when planning to sell farmland that has a tenant farmer. Here’s what you need to know about the process and timeline. When to Serve Lease Termination Termination Deadline: Notice to terminate a farm lease must be served by September 1 of the […]
When do I get paid?
Top 50 Questions about Farmland Understanding farmland payment at closing is essential when you sell a farm in Iowa. Sellers often ask when they will receive their funds, how payments are handled, and what to expect during the closing process. Because farmland transactions involve multiple parties—buyers, lenders, attorneys, and title companies—clear expectations help ensure a […]
What time do I need to be there?
Top 50 Questions about Farmland A common question sellers ask is when to arrive for a farmland auction. While buyers often show up just minutes before bidding begins, sellers benefit from arriving earlier to review details, connect with the auction team, and ensure everything is ready for a smooth sale. Understanding the best arrival time […]
What is a 1031 tax exchange?
Top 50 Questions about Farmland A 1031 Tax-Deferred Exchange, named after IRS Code 1031, allows you to defer capital gains taxes when you sell a property and reinvest the proceeds into a “like-kind” property. This strategy is widely used for farmland sales to maximize reinvestment and minimize tax burdens. How Does a 1031 Exchange Work? […]
Sell Farmland with Ease and Confidence through Iowalandguy.com
If you want to sell your farmland in Iowa, you may already know that finding the right buyer and navigating the process can feel overwhelming. Fortunately, Iowalandguy.com provides the tools, expertise, and guidance needed to make your sale smooth and successful from start to finish. Why Choose Iowalandguy.com to Sell Your Farmland in Iowa? Choosing […]