Posts Tagged ‘farms for sale’

Foreign Investment in US Ranch and Land Markets

Thursday, August 2nd, 2012

What Is A Conservation Easement?

Tuesday, April 24th, 2012

What Is A Conservation Easement?

Conservation easements convey a lawful interest in land where the landowner gifts or sells rights to a qualified entity like a land trust. The landowner retains full ownership with restrictions on activities they can do on the property. The landowner as well as land trust negotiate the restrictions and constraints that will be placed on the property. Conversation easements are voluntary negative easements, legally binding constraints on the usage of land for conservation, environmental, or historic purposes. They are granted in perpetuity and pertain to the land no matter who may own it in the future.

Landowners can sell or bequeath property that is covered with a conservation easement. Conservation easements can assist landowners in conserving their land, wildlife habitat, scenic areas or historic buildings. They are designed to satisfy the site-specific needs of the individual landowner and land trust. Conservation easements may also provide landowners with gift and property tax benefits.

Conservation easements might involve expenses for items including legal fees, survey and appraisal costs as well as other professional services. They are generally not a one-size-fits-all proposition. Landowners will have to completely understand the conservation easement and the benefits and limitations before signing. Numerous landowners didn’t have a full comprehension of what they were undertaking and therefore are now remorseful of having placed a conservation easement on their property.

Conservation easements are hard to draft and are costly to monitor and enforce over time. The land trust also must continue to keep track of the property to ensure that the landowner is not violating its terms. Landowners are notified when the land trust will be inspecting the property and the land trust has a legal right to enter the property. The land trust must also defend the conservation easement if legal action needs to be taken.

Conservation easements will become a more and more important conservation tool in the 21st century which will have significant benefits including better water and air quality as well preservation of natural resources. Landowners will hopefully educate themselves concerning the advantages and limitations of conservation easements to help make informed decisions. It is critical that landowners possess a full comprehension of what a conservation easement does and does not allowed them to do. Otherwise it is a recipe for conflict concerning the landowner and the land trust. If you’re searching for land for sale and locate a property that you might want that has a conservation easement, be sure to seek a professional who has an understanding of conservation easements so that you have a full comprehension of it before buying the property.

Learn more about Conservation Easements. Stop by Open Fences’ site where you can find out all about land for sale and the best property for you you.

Open Fences Launches FaceBook pages service.

Friday, February 17th, 2012

Open Fences now offers FaceBook Page construction and updates for your Fan Pages. Open Fences not only can set up new tabs for your Fan Page to show case Videos, Farms and Ranches for sale, Blog posts, or any other content that you would like to showcase but Open Fences can also showcase the Farm, Ranch, and Land content on Open Fences’ FaceBook page.

With FaceBook becoming a huge marketing platform, let us show you how we can create dynamic and attractive Fan Page tabs for your Fan Page that will provide Fans information, capture contact information, and further engage your fans. This is a great way to show case Farms and Ranches for sale.

The possibilities are endless with FaceBook Fan Page tabs.

Why you Should Exchange Under IRC 1031

Monday, November 2nd, 2009

There are several reasons that you as a property owner should participate in a 1031 exchange. For those of you who are not familiar with 1031 exchanges, 1031s are a way to defer taxes on the capital gains from a sale of investment property.  1031s can be very complicated and you will also need the help of a 1031 qualified intermediary. There are 5 main advantages to exchanging property.

  1. Preservation of Equity – 1031 exchanges allow owners to defer taxes on the capital gains from a sale indefinitely. This allows the owner to roll the gains into a new property over and over rather than pay the taxes. Keep in mind that if you do 1031 exchanges and then at some time in the future decide not to exchange you will owe taxes going all the way back to your original basis.
  2. Leverage – You can exchange from a property that you have a high amount of equity or one that you own “free and clear”  into a property of much more value and has a higher cash flow.
  3. Diversification – Exchangers can diversify by exchanging out of one property into two or more properties. There are time considerations that must be taken into account. Consult with an attorney prior to engaging in an exchange involving multiple properties.
  4. Management Relief – If you as an owner have accumulated several single family rentals that require intensive management you can exchange them for one single investment property that requires substantially less management.
  5. Estate Planning – In many cases, several members of a family inherent a single property jointly and cannot agree on what they want to do with it. The family members can exchange the property for several different properties that suit the needs of all family members.

Always consult with an attorney who is familiar with 1031 exchanges.

To find your replacement 1031 ranch for sale, farm for sale, mountain land for sale, equestrian property for sale, or land for sale visit www.landbrokermls.com.

Critical Factors to Consider when Buying Land

Sunday, August 9th, 2009

When buying land, whether it is raw acreage, ranches, farms, or just recreational land, there are many factors you should be aware of. Many times problems can be remedied prior to the closing. Taking a little extra time to do your due diligence will save you a lot of headaches in the feature. It is always better to discover problems while they are still someone elses.

When looking at farms for sale, you want to make sure that you consider your needs and make sure the property meets those needs. Factors to consider include, water supplies and quality, location relative to markets, possible annexation, change of use, soil quality, growth corridors, eminent domain, zoning, and government regulatory agencies.

Many of these factors can affect other types of land and you should be aware of them. It is good to utilize professionals such as Real Estate Brokers and attorneys who are knowledgeable in these areas.

When looking for farm land for sale in Colorado, it is a must to have someone who is knowledgeable in Colorado water rights. Colorado uses the rule of prior appropriation for determining water rights and Colorado water rights can be very  complicated. In many cases, you will want to enlist the services of a good attorney with extensive experience in water rights issues. Good land brokers are also very helpful in identifying potential issues with water rights.