What is the FSA (Farm Service Agency)
Top 50 Questions about Farmland The Farm Service Agency (FSA) is a government agency under the U.S. Department of Agriculture (USDA) that provides programs and services to support farmers and landowners. Its primary goal is to help farmers manage risk, improve land productivity, and ensure the stability of agricultural production in the U.S. Key Functions […]
Utilizing a Conservation Easement to Save Money on Taxes
Understanding Conservation Easements and Their Tax Benefits Conservation easements allow landowners to protect natural resources while limiting future development. Through a legal agreement, landowners permanently restrict certain development rights. In return, they may receive meaningful tax benefits. For many property owners, these incentives make conservation easements an attractive option. What Is a Conservation Easement? A […]
Outlook for the 2023 Farm Bill on Ag Policy
What the 2023 Farm Bill Means for American Agriculture The 2023 Farm Bill is expected to shape agricultural policy in the United States for the next five years. The previous farm bill, passed in 2018, provided critical support during trade disputes, weather disasters, and the global pandemic. As a result, expectations are high for the […]
Farmland Subdivision
Understanding Farmland Subdivision Farmland subdivision involves dividing a large agricultural property into smaller parcels. Landowners may consider subdivision for several reasons. Common factors include population growth, shifting land use patterns, or the desire to generate additional income. Rules and Regulations Governing Farmland Subdivision In many jurisdictions, farmland subdivision is permitted but regulated. These rules help […]
Utilizing IRS 1031 and Farmland
A 1031 exchange, also known as a like-kind exchange, allows landowners to defer capital gains taxes when selling qualifying property. Instead of paying taxes immediately, the seller reinvests the proceeds into a similar property. For farmland owners, this strategy can play an important role in preserving capital and repositioning land investments. What Is a Like-Kind […]
A Beginner’s Guide to Buying Iowa Farmland: What You Need to Know
Buying farmland in Iowa can be a smart long-term investment. Iowa’s fertile soils and reliable water resources support strong production of corn, soybeans, and other crops. While the opportunity is attractive, the buying process requires careful planning, especially for first-time buyers. This guide outlines the key steps to help you make an informed decision. […]
Employing the Right Farmland Broker
Why Working With a Qualified Farmland Broker Matters When buying or selling farmland, working with an experienced farmland broker is essential. A skilled broker understands the local land market, current prices, and emerging trends. They also recognize the factors that influence farmland value. An experienced broker knows how different land types perform. This includes cropland, […]
Entity Structures for Farmers
Understanding Entity Structures for Farming Operations When running a farming operation, several factors require careful planning. One of the most important considerations involves choosing the right business entity structure. Entity structures define how a farming business is legally organized. As a result, they directly affect taxes, liability, and day-to-day management. Sole Proprietorship for Farmers One […]
Terminating a Farm Lease in Iowa
Iowa law sets a firm deadline for terminating or changing a farm lease. To end a lease for the upcoming crop year, you must notify your tenant by September 1. Missing this deadline allows the tenant to retain lease rights for the following season. Landowners must take this step to maintain clear control of their […]
