Passing a farm or ranch to the next generation requires more than estate planning—it demands a thoughtful tax strategy that helps preserve wealth, maintain operational continuity, and maximize long-term flexibility.
Join Bob Goodson with special guests Paul Neifer of The Farm CPA, Mike Gustafson of Farmers First Trust, Ethan Branscum of Sower Farmland, and Ron Rabou of Rabou Farms for an educational webinar exploring how Internal Revenue Code Sections 1031, 721, and 453 can play a valuable role in farm and ranch transition planning. Our experts will discuss how these tax provisions may help landowners defer capital gains taxes, transition appreciated real estate into diversified investment structures, and utilize installment sales to create flexible income streams while supporting ownership transitions.
During this session, we’ll cover:
- How Section 1031 exchanges can facilitate the repositioning of agricultural real estate while deferring capital gains taxes.
- The role of Section 721 contributions in transitioning investment real estate into professionally managed portfolios.
- How Section 453 installment sales can provide income flexibility while spreading tax liability over time.
- Practical succession planning scenarios for farmers, ranchers, and agricultural landowners.
- Key considerations when coordinating these strategies with legal, tax, and financial advisors.
Whether you’re a landowner, real estate professional, financial advisor, CPA, attorney, or agricultural lender, this webinar will provide valuable insights into tax-efficient strategies that can help preserve family legacies and support successful ownership transitions.