JT, Uncle Sam,It's my money and I want it now! Isn't Keeping land in the family without paying taxes may be very difficult? Before a man who owned a large, 2000 acre 100 year old family farm passed, he turned his property into an LLC. I'm no expert. I'm guessing the LLC may have tax advantages.
As for me, I have my property in a living trust. Hopefully it will pass to my 2 kids.. They can do what they want. Sell it or keep it. I really don't care. I'll be dead.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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