The Land & Gavel Report

Tax Straddling – Pay Taxes in 2025 or 2026? When a 1031 Exchange is opened in the latter part of the year, a seasonal treat worth mentioning is “tax-straddling.” If that exchange is successfully completed, those taxpayers defer taxes to receive the benefits of the...

Top 1031 Exchange Misconceptions for 2024 Navigating the complexities of 1031 Exchanges can be challenging, especially with common misconceptions that might lead to costly mistakes. Here are the top misconceptions about 1031 Exchanges for 2024, according to IPX 1031 :...

How Our Virtual Equipment Consignment Auction Works At Wilson National LLC, we strive to make the consignment process for our equipment auction seamless and profitable for our consignors. Whether you’re a farmer looking to sell machinery, a contractor offloading...

Real Estate Auction or Traditional Listing: What Are They? and How to Choose   Introduction Deciding on "how" to sell your property is among the first of many important decisions that must be made when it comes time to sell your real estate. One question we find...

Essential Documents for Selling Your Land: A Checklist for Success Introduction Selling your land can be a complex process, requiring thorough preparation and a detailed understanding of the necessary documentation. Ensuring you have all the essential paperwork in...

Selling farmland through an auction can be a highly effective way to achieve a competitive sale price. Understanding the auction process and preparing adequately can make a significant difference in the outcome. But you may be asking, "how does a farm auction work?"...

Are you considering selling your land? Before you finalize any deals, it's essential to explore all your options to maximize your financial gains. One strategy worth considering is a 1031 tax-deferred exchange. Here's how it works: What is a 1031 exchange?    A 1031...

There are very high corn yields In Ohio, and resulting lower prices. Fayette county farmer related dilemma of not enough on farm storage to hold production but does offset lower $4.26 current price compared to earlier priced at $6.00 plus per bushel. Lower profit...