Ranch Ownership FAQ's
We have assembled, and will continue to add to, a list of common questions. Please do not hesitate to contact us
with any specific questions you have.
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- How do I finance a large ranch or farm investment?
- Are there any tax advantages to purchasing ranch land?
Yes, there are alot of folks that don't realize the deductions they can receive on farm and ranch land investments. There are deductions from depreciable assets such as barns, equipment, fences, homes, trees, expenses to improve crops, grasses and trees. Others may be asset depletions, credits, acceleration depreciation is offered in some areas of states that qualify. 1031 Tax free exchanges are used to avoid gain taxes when selling in some cases. To know exactly what your deductions should or can be, a qualified Tax Accountant or Tax Lawyer can help. It is important to choose specialist in these areas so that you can get the benefits that you deserve.
- What are mineral rights, water rights, wind rights, timber rights or any type of rights?
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