What happens if we don’t meet the reserve?
Top 50 Questions about Farmland If your farm does not meet the reserve price at auction, you still have clear and effective options. These paths provide flexibility while keeping your goals front and center. Most importantly, they allow you to continue working toward a successful sale. Options After Not Meeting the Reserve List the Farm […]
Can I sell my share of the farmland if my family does not want to?
Top 50 Questions about Farmland Selling farmland when your family disagrees can be complex, but it’s possible depending on the circumstances. In Iowa, the key factor is ownership percentage and whether the land can be divided. Key Considerations Ownership Percentage: If you own 25% or less, selling without family agreement is unlikely. If you own […]
Iowa Land for Sale: What You Need to Know
If you’re in the market for Iowa land for sale, there are many factors to consider when finding your ideal property. Iowa is home to a diverse range of land types, from agricultural land to recreational land, making it a popular destination for buyers. Here are some tips to help you find the right Iowa […]
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. […]
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 […]
