Uncertainty surrounds tax-related farm business tools


Presidents are the most powerful in the first eight months of their presidency, according to political experts. 

Since the stimulus package has been finalized, infrastructure and climate topics are expected to be worked on next for the Biden Administration.

David Brown, president and certified exchange specialist with Iowa Property Exchange (IPE) 1031, says that farmers should keep a legislative eye on farm business tools such as 1031 Exchanges, the Estate Tax, and Stepped-up Basis.

Mike McGinnis, Successful Farming’s Markets Editor, gets an update on all of these critical issues with Brown.

Most Recent Poll

To meet my machinery needs in the next year, I’m

holding off on buying and working with what I have
43% (33 votes)
I just want to see the responses
28% (21 votes)
looking online for deals
13% (10 votes)
sticking to my dealership
9% (7 votes)
hitting the auction market
7% (5 votes)
Total votes: 76