Section 453 proprietary trust is a better option to defer taxes than a 1031. I am not going to rehash all the advantages of our trust over a 1031 but am going to discuss some opportunities to get listings because our trust is far more flexible than a 1031. I will put on my John Wayne cowboy hat and ride to the rescue again with some 453 selling opportunities.
The REALTORS® Land Institute recently announced their 2022 leadership.
Land Broker Co-op Member Sam Bowers, ALC, was elected National Vice President; and Land Broker Co-op Member Mike Garrett, ALC, was elected At-Large Director.
Making better Programs for Veterans In 2014, Micah Fink, CEO/Founder of Heroes and Horses, was trying to get the program off the ground. He was $24,500 in debt, had invested his entire life savings into his mission, was blindsided by horse thieves (actual fact), and had too many questions and not enough answers. He
Swan Land Company and Premier Land Company, both located in Bozeman, announce that the Climbing Arrow Ranch has sold to an undisclosed buyer. Mike Swan, owner and managing broker of Swan Land Company, represented the seller. Bryce Connery of Premier Land Company represented the buyer. Terms of the sale were not disclosed. The Ranch was listed in April 2021 for $136,250,000, making it the most expensive ranch transaction in the history of the state of Montana and within the top ten most expensive in the United States.
Tom Biederman is the owner, broker and principal auctioneer of Biederman Real Estate and Auctioneers. Tom’s passion, since childhood, has been real estate and quality horses. He grew up on a 700 acre farm in Springfield, Kentucky called High Point Farm, where his family raised American Saddlebred horses, Hereford cattle and crops including tobacco, corn, soy beans and alfalfa. Tom’s grandfather, Ben Hale, Sr., was a real estate broker throughout the early and middle parts of the 20th century and there Tom’s passion for serving and helping his friends and customers buy and sell property that fit their needs was born.
Craig Townsend farm and ranch experience has a long family history. He proudly continues that heritage through ownership in his family’s farm and ranch now under its six generation of management. The values of integrity and a strong work ethic learned from his agricultural background has never escaped Craig. This is evidenced in his procurement of an appointment to the United States Naval Academy, where Craig excelled earning a Bachelor of Science in Economics. Acknowledged for his leadership, he fulfilled several roles throughout his service around the world earning recognition for his efforts. Craig is a decorated veteran, with over 11 years of military service.
Max Ramsey has been very active in the agriculture and rodeo world from a young age. Along with doing FFA and 4H, Max competed in high school and amateur rodeos across the state. After attending Wimberley high school, Max moved to Stephenville, where he graduated with an undergraduate degree in agricultural economics and later an MBA.
Growing up in the small farming and ranching town of Winnie, TX it was natural for Chad to gravitate to the agricultural industry. From a very young age, he spent the weekends and summers of his school years working on the coastal prairie of White Ranch. It was there that he learned that nothing is achieved without a vision, sweat, and hard work. Upon graduating from school Chad began farming on his own. First leasing area farmland and then purchasing his own farm at age 21.
Russell Hickey has called Southern Colorado home his entire life and has a deep appreciation for the land and culture. The decades of time spent on local ranches, years of mentorship and his continued education in Water Law and Land Use has resulted in Russell being very successful in the local real estate market, where he specializes in Ranches, Large Acreage, and Mountain Properties.