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A gift of farmland carries more than a deed
Compare basis, control and cash needs before choosing between a lifetime transfer and a later inheritance.
Aaron Schmelzle
Sep 132 min read
The succession plan should explain who runs the farm on Monday
Ownership documents matter, but a transition also needs authority, cash and a practical operating plan.
Aaron Schmelzle
Sep 112 min read
Farm rental reporting starts with the lease and what you actually do
Cash rent, crop shares and participation can lead to different reporting questions.
Aaron Schmelzle
Aug 262 min read
Seller-financed farmland creates a tax plan and a credit decision
An installment sale should be evaluated for repayment risk as carefully as for income-tax timing.
Aaron Schmelzle
Aug 242 min read
A farmland exchange needs a plan before closing
The structure and deadlines of a real-estate exchange should be settled before sale proceeds change hands.
Aaron Schmelzle
Aug 222 min read
Residual fertility: start with the facts, then the deduction.
A land purchase deserves a documented tax analysis before a nutrient estimate becomes a write-off.
Aaron Schmelzle
Aug 183 min read
Borrowing against farmland still has a carrying cost
Compare the ongoing cost of a loan with the tax and business consequences of selling an asset.
Aaron Schmelzle
Aug 122 min read
Before the next land purchase, build a better file.
Archive edition: 2026-08-04. Added to AGCPA Insider October 2, 2026; sources checked October 2, 2026. The closing statement is a starting point. A useful property file tells the rest of the story.
Aaron Schmelzle
Aug 42 min read
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