Posted by ss55 on November 27, 2012 at 15:29:33 from (22.214.171.124):
In Reply to: Land sale taxes posted by Seia on November 27, 2012 at 14:16:29:
There are many factors to consider when selling land. Federal capital gains taxes are now at an all-time low of 15%, down from 20% to 30%. Land prices are at all-time highs. Farm income is expected to be at an all-time high due to high grain prices and big crop insurance payouts. Based on that, land prices should continue to rise, but our do-nothing congress has not passed a farm bill yet, that could affect future farm incomes and land prices.
Your best choice is to talk to a tax accountant from your area to find out what your state and local taxes really are. Don't believe everything you hear in the cafe, bar or internet, take the time to talk to a professional.
Fast Shipping! Most of our stocked parts ship within 24 hours (M-Th). Expedited shipping available, just call! Most prices for parts and manuals are below our competitors. Compare our super low shipping rates! We have the parts you need to repair your tractor. We are a company you can trust and have generous return policies. Shop Online Today or call our friendly sales staff toll free (800) 853-2651. [ About Us ]
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.