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 - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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