I've been wrong-wrong-wrong on the price level Sask farmland rose to, I don't think I'm going to try and guess when or how far it might fall.
Landholder's age and whether or not there are any farming children or non-farming "estate beneficiaries", all determine whether to cash out or hold it. If you don't want to pay capital gains taxes.... just bequeath/defer that burden to the next generation...lol.
Tax laws are tricky when the direct lineage back to the farming family get broken! DOYDD!
Landholder's age and whether or not there are any farming children or non-farming "estate beneficiaries", all determine whether to cash out or hold it. If you don't want to pay capital gains taxes.... just bequeath/defer that burden to the next generation...lol.
Tax laws are tricky when the direct lineage back to the farming family get broken! DOYDD!
Comment