Several months ago, Marc Reck wrote an article on the Triple Net Lease alternative to land investment and it has had a good following. This may be the answer you’ve been looking for if you’re retiring and hoping to something with your farm or ranch land. Your life has been successful because of the way you managed the land. It is at the top yields of production and you need to make some tough decisions. Deciding to retire is a difficult decision and even more difficult is deciding how to go about putting all the assets together to enjoy the retirement lifestyle you choose. The Triple Net Lease option might be good for you as it is an easy way to turn your farm into cash by using tax deferred exchange. I know it sounds complex, but it isn’t really.
Reck Agri can help you sell your farm and ranch land and turn your dollars into an equity investment option that utilizes tax shields. Please feel free to contact us with any questions you may have.
More details on Wikipedia about Triple Net Lease
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