Blog posts in Facts & Insights

02/16/2017
Posted by
Swan Land Company
 
Article Provided and Written by
Chris Nolt - Owner of Solid Rock Wealth Management, Inc.
 

Would you like to know how to bypass capital gain taxes on the sale of your land and have the U.S. government pay you?  I know it sounds too good to be true but that is exactly what we have helped many Wyoming ranchers do.  Allow me to explain.

IRC Section 1031 Exchange

Section 1031 of the Internal Revenue Code allows a person with appreciated land to sell their land, to purchase (exchange into) other real estate and to defer taxes on the sale.  Many agricultural families who are transitioning into retirement use the 1031 exchange to preserve their wealth and to generate passive income by exchanging into various types of commercial property.

01/11/2017
Posted by
Swan Land Company
 
Article Provided by

Written by Jim McFerson – Director, WSU Research & Extension Center; Professor of Horticulture

 

Agriculture in the Northwest is not only prepared to embrace innovation and emerging technologies, but is often setting the pace nationally.

09/30/2016
Posted by
Swan Land Company

Montana has an expansive land mass and a wild-west history to match. As the 4th largest state in our union the scenery transforms from its eastern plains into vast mountain ranges as one travels westward. Nicknamed “Big Sky Country” for its sweeping views, it is also nicknamed the “Treasure State” due to the state’s resources in it gold, silver, copper, oil and coal. Early settlers were attracted to its mining and agricultural opportunities. Conflicts and battles arose when native American Indians were encroached upon by white settlers. The Homestead Act of 1862 further solidified the white man’s presence offering free land to settlers if they indeed “up proved” 160 allotted acres. This was a challenging feat in the arid climate. Soon the railroad made its appearance. Today Montana is still considered a frontier land as the country's least populated state with the average of 6 people per square mile.

08/04/2016
Posted by
Swan Land Company

New Mexico, colonized by Spain prior to becoming a part of the U.S. territory in 1912, has over 500 years of Hispanic culture as well as over 2,500 years of Native American history under its belt. Dwellings in Taos Pueblo, which are still occupied, have been traced back 900 years making it one of the oldest continuously inhabited areas of America. The physical features of New Mexico offer a wide variety of outdoor educational experiences and exploration through its national parks, monuments, fossil sites, ancient lava flows and unique geology. The great gold rush attracted a wave of the American population to the New Mexico when a gold vein was discovered in Delores. Today, points of interest throughout New Mexico echo its past and invite you to travel through the annals of time by visiting one of its many historic hotels.

06/16/2016
Posted by
Swan Land Company

Utah, a state defined by its vast alpine land, arid deserts and other breathtaking natural wonders, offers as much to the outdoor recreationalist as it does to the history buffs as seen in its preservation of hotels and inns scattered within its borders. With a rich history of Native American tribes, Indian wars and early pioneers there is plenty of history to be witnessed. Originally a Mexican territory in the early days, it continued to evolve as an influx of people arrived with completion of the First Transcontinental Railroad in 1869.

05/18/2016
Posted by
Swan Land Company

Idaho, established as a territory in 1863 after the discovery of gold, is nicknamed the Gem State for its abundance of natural resources. Snow-capped scenic mountain ranges located around the state contain a host of mineral veins such as gold, silver, lead, copper and gems including star garnets, jasper and opals. With a multitude of lakes and rivers bustling of rainbow trout and countless other species, it attracts sportsmen and recreationalist alike. The famous Snake River rushes through Hells Canyon, the deepest river gorge in the North American continent. Approximately 63% of the states’ land is public and managed by the federal government. In the southern portion of the state are the Oregon Trail and the California Trail, historic pioneer trails cut across the Idaho ranch land where wagon ruts can still be seen. With its roots deep in mining, sport recreation and farming, the state has a lot of history to appreciate.

04/18/2016
Posted by
Swan Land Company

The State of Wyoming with its numerous historic places embraces its heritage of the American West through its ranches, museums, parks, monuments and well-preserved hotels situated across the state. Its historic past includes Indian tribes, pioneers, cattle barons, gold miners, gold rushes, outlaws and famous icons.  If you are venturing across the state stroll back in time and visit a historic hotel for yourself and experience a piece of Wyoming’s well-kept treasures.

04/13/2016
Posted by
Swan Land Company

In 1925, just prior to the start of the Great Depression a noticeable trend was taking place in America. The male population was choosing to leave their family farms in order to pursue careers outside of farming. As an attempt to counteract this movement, the state of Virginia proposed forming an organization that offered farm boys an opportunity to develop leadership skills, confidence and pride in the fact they were farm boys. When the idea was presented during the American Royal Livestock Show in Kansas City, Missouri in 1928 the Future Farmers of America was born. At that time 33 young students from 18 states elected a president and created the new national emblem taken largely from the Virginia emblem. The following year the color theme of blue – signifying the national color, and golden yellow –representing the color of corn, was adopted. This was followed by the development of the official creed. Soon thereafter the corduroy jacket became a staple in the new dress code.

The FFA Creed

03/07/2016
Posted by
Swan Land Company

4-H, a significant national organization for youth development and mentoring, is a program of our nation’s Cooperative Extension System and United States Department of Agriculture (USDA).  With the official emblem being a four-leaf clover, the 4 H’s stand for "Head, Heart, Hands and Health." The community of young people are focused on learning citizenship, leadership and life skills. It is offered to children ages 8-18 (possibly younger in some states) and continues to offer opportunity to young adults in the form of active alumni involvement. Youth are reached through camps, school and after-school enrichment programs.

02/16/2016
Posted by
Swan Land Company

Would you benefit with more knowledge to increase profits on your ranch or do you feel out of touch with the latest ranching trends regarding economics, agricultural-business structure and other ranch management practices? Most ranchers know how to raise livestock, but do you know how to build and run a business that raises livestock?  The two are very different.  One resource some ranchers and farmers are utilizing to gain ground is to enroll in the Ranching For Profit School. This school, run by Ranch Management Consultants empowers ranchers to transform their ranches and farms into sustainable businesses. Founded in 1981, the organization, with over 7,000 alumni worldwide, has improved the quality of rancher’s lives, the health of their land and the profitability of their businesses. The course has been offered not only in the United States and Canada, but also in Mexico, Australia and Africa.

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