Farm Sales Brisk
(KLZA) Farmland sales are happening at a brisk pace this fall partly because farmers are worried about the tax increases that may take effect January 1st if Congress can't address the fiscal cliff.
The worries about possible increases in capital gains and estate taxes are adding to the normally busy time for farmland sales after harvest in Iowa and Nebraska.
Attorney Bill Hannigan of the Davis Brown firm tells the Des Moines Register that anyone thinking of selling farmland should do so before the end of 2012.
Jim Hain, vice president of agricultural sales for Omaha-based Lund Company says his firm is the busiest it has been with farmland sales. He says the possible tax law changes and the current high prices have prompted more people to sell.
© Associated Press
MOST VIEWED STORIES
Cold case investigation leads to Holton warrant
Horton City Clerk's resignation accepted Monday
Effingham owner regains truck following theft, arrest
Former Kickapoo Tribal chairman arrested
Local residents avoid injury in chain reaction crash
Winchester native named as Amberwell CEO
Holton property search concludes with arrest
Mayetta pair arrested on meth, child endangerment charges
Stolen trailer, 4-wheeler, recovered in Atchison
Juveniles face charges following Atchison break-in
Atchison Co's Oswald named honorary bailiff for KS Court
Rural Horton man charged in alleged beating
Two arrested following Friday Jackson Co traffic stop
McLouth man injured in Monday wreck
No injuries in early Sunday morning house fire in Falls City
Senator Slama on tax relief efforts
KS prepares for severe weekend weather
Commission approves agreement for budget help
LATEST STORIES
KS prepares for severe weekend weather
Richardson County Board approves pay raise for dispatchers
NPPD urges farmers to be safe around power lines
Arbor Day proclaimed in Atchison
Former AG Schmidt running for KS' 2nd Congressional District
Doniphan Co Commission approves overlay projects
Rural Horton man charged in alleged beating
Holton property search concludes with arrest