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1031 Exchanges

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Brandon Hermreck
  • Leawood, KS
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1031 Farmland for Commercial or Multi-Family

Brandon Hermreck
  • Leawood, KS
Posted Jun 15 2018, 09:05

What is the best way to avoid paying Capital Gains when selling farm ground?
Is it possible to 1031 exchange farmland for a commercial or multifamily property?

The farmland has a home on the property. The land has been leased to farmers and hunters. Owner has never lived on this property and has owned it for 20+ years.

320 acres/ half section

Thanks!

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