Swan Land Company ~ Blog

10/09/2013
Posted by
Swan Land Company

The IRC Section 1031 Exchange is one of the most powerful tax saving and wealth building tools available for people selling highly appreciated real estate.  A properly structured 1031 exchange allows a family selling a farm or ranch to sell land, to reinvest the proceeds in other “like-kind” real estate, and to defer capital gain taxes.

To quote the tax code, IRC Section 1031 (a)(1) states:  "No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment, if such property is exchanged solely for property of like-kind which is to be held either for productive use in a trade or business or for investment."

Effective January 1, 2013, capital gains tax rates have increased, making tax-saving strategies such as the 1031 Exchange and Charitable Remainder Trust even more advantageous.  In addition to higher capital gain tax rates, there is a new 3.8% healthcare tax on investment income including income from the sale of real estate. 

There are many potential benefits for a taxpayer who successfully executes a 1031 exchange.  Some of these include:

10/02/2013
Posted by
Swan Land Company

The snow-capped peaks of the Bridger Mountains, the colors of the foliage and the bugling elk on the Lazy J Ranch are signals that autumn has arrived in Montana.  Click here to view a video with additional elk images on this Southwest Montana ranch for sale in Bridger Canyon just minutes from Bozeman.

 

 

09/26/2013
Posted by
Swan Land Company

Mike Swan, Managing Broker and Owner of Swan Land Company, was honored to be invited as a panel speaker at the 2013 Law Seminars International - Seventh Annual Idaho Water Law Conference held this week in Boise, Idaho.   The focus of the seminar was Water and Real Estate.   He joined respected attorneys, engineers and legal professionals who specialize in water rights, water law and litigation.

09/20/2013
Posted by
Swan Land Company

Long before Lewis and Clark arrived in the area, the Native Americans referred to the Gallatin Valley as “The Valley of Flowers”.  Although the Valley was claimed by the Blackfoot, it is said that it was recognized by all Indians as neutral ground.  Legend has it that a band of Sioux, following Bridger Creek encountered a band of Nez Perce and a battle ensued.  After two days of endless battle the warriors were spoken to by a figure, the “Spirit Maiden,” standing on what is now known as “Maiden Rock”, who said the beautiful Valley of Flowers was created by the Great Spirit for his children.

“… like a beautiful maiden it is encircled by a white necklace of white-topped mountains… carpeted with flowers and watered by sparkling streams. This is the home of the red man. He comes here to rest. There must be no war, all must be peace, rest and love.” Canyon Cookery, Linda Sellers Peavy, Page 10

09/12/2013
Posted by
Swan Land Company

A charitable remainder trust (CRT) enables a family selling a farm or ranch to avoid or defer tax on the sale and generate lifetime income for retirement.  In addition to saving taxes and generating a lifetime income, a CRT provides several other benefits:

09/11/2013
Posted by
Swan Land Company

Mike Swan, owner and managing broker of Swan Land Company has been invited to participate as a panel speaker at Law Seminars International  - Seventh Annual Idaho Water Law Conference.  The upcoming seminar will focus on Water & Real Estate and Identifying & Effectively Resolving Water Issues.  Specifically Swan will be speaking on "Practical Tips for Resolving Water Issues in Real Estate Transactions".  It will include real world experiences and discussion of water issues, as well as tips for identifying and avoiding situations where water issues exist.  The program will provide an opportunity to review the often complex issues involving water and land.  The focus will be on water right and water supply issues and other common water issues affecting real estate transactions and development. 

07/25/2013
Posted by
Swan Land Company

The Sellers of the South Willow Creek Estate have recently authorized Swan Land Company to offer this very attractive custom 5,870± square foot home with 20 acres for $650,000.  The Sellers have relocated and are desirous of putting a sale together on their property this summer.  They are willing to entertain any and all offers on the custom home and 20 acres by a well-qualified buyer.  Furthermore, there is an additional 100 acres which contains a beautiful stretch of trout-rich South Willow Creek that could be purchased with the aforementioned offering.  This package, which includes the custom home and 120 acres, is being offered for sale for $1,175,000.

Please CLICK HERE to visit our website for additional information on this very attractive offering in Southwest Montana.  If you have any questions, feel free to contact me – see my contact information listed below.

Have a wonderful Summer!

06/03/2013
Posted by
Swan Land Company

Mike Swan, managing broker and owner of Swan Land Company, was recently recognized in the St. Louis Magazine as the listing agent of the Broken O Ranch and its subsequent sale to billionaire Stan Kroenke.  The Broken O Ranch, the largest irrigated farm and cattle ranch in the state of Montana, closed in November of 2012.   “Consistent with the St. Louis Magazine article we continue to see a strong sales trend in commodity-based real estate.  Our listings that have a strong cattle and/or farm component continue to receive strong interest” states Swan.

Click here to take a look at the article – an interesting read covering not only the sale and history of Montana’s Broken O Ranch, but also thought-provoking facts about the history of Montana ranches to Texas ranches and How the West Was Won (or Bought).

05/08/2013
Posted by
Swan Land Company

This Montana ranch. less than a hours drive from Great Falls, is being offered for sale by a motivated seller.  With a second major price reduction this Ranch with one and a half miles of Smith Creek running through its core provides outstanding fly fishing and wing-shooting.  Click here for more information.

04/09/2013
Posted by
Swan Land Company

Live from New York ... It's Swan Land Company's listing and sale of the Broken O Ranch. The Land Report announces Mike Swan's listing and sale of the Broken O Ranch as the 2012 Deal of the Year!

Click here to take a look at this photo from Times Square.

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