Additional Proposed Tax Law Changes to Prepare For

Co-op News, Property Rights, Taxes / /

I had the privilege to speak at a seminar recently on this topic and the speaker before me said that the next endangered species in this is country is the landowner. Was he right! The other proposed tax law changes are (1) the elimination of the stepped-up basis, (2) the doubling of the capital gains tax to 39.6%, (3) the reduction of the federal estate tax exemption to $3.5 million and an increase of the federal estate tax rate to 45%. Every one of these proposed tax law changes can cause potential needless tax burdens on property owners.

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Featured Member – Beth Myers

Featured Member Owner, Land Broker Co-op News / /

Beth Myers, Qualifying Broker and Owner of Rafter Cross Realty, LLC was born and raised in Lea County, New Mexico. She is a Lovington High School graduate and holds a Bachelor of Business Education degree from Eastern New Mexico University and a Master of Education in Instructional Technology from Texas Tech University in addition to a Master of Arts and Ph.D. in English Literature also from Texas Tech University. Beth is a former educator, having previously worked for both the Lovington and Tatum Municipal Schools. In addition, she spent many years teaching part-time and online college courses for New Mexico Junior College, Texas Tech University, Lubbock Christian University, and Ashford University.

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Featured Member – Reese Lovell

Co-op News, Featured Member Owner / /

Reese Lovell was born and raised between the banks of the Arkansas River and the Ozark Mountains, where his passion for the outdoors and wildlife began. This passion grew into a unique skill set that lead him to be one of the youngest Wildlife Biology interns to ever be hired by the Forest Service Program out of Arkansas Tech University. It took only a few trips to see his family in Colorado before he fell in love with the mountains out west, and this love ultimately led him to relocate to the Rockies in 2014.

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Featured Member – Alexis Thompson

Co-op News, Featured Member Owner / /

Alexis brings her passion for South Texas agriculture and ranch real estate to the Co-op, and attributes her success to her determination and willingness to do whatever it takes to get the job done. Whether you need her to market your ranch property or to help you find the perfect turn-key ranch, unimproved development property, or anything in between, Alexis will get it done for you.

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