Swan Land Company - Farm and Ranch News

03/06/2014
Posted by
Swan Land Company

Wheat Market Snapshot provided by Northwest Farm Credit Services

Article written January 10, 2014

02/17/2014
Posted by
Swan Land Company

Cattle Market Snapshot provided by Northwest Farm Credit Services

January 10, 2014

Cattle markets closed 2013 strong. Key industry drivers include: 1) Improved pasture conditions and lower feed costs: Better moisture conditions in the majority of cattle producing regions significantly improved forage availability. A record large corn crop lowered corn prices and improved feedlot margins. 2) Record high cattle prices: Year over year fed cattle prices increased 8 percent and feeder cattle prices rose 11 percent. 3) Retail beef demand: Retail beef demand was up 3 percent in 2013. Challenges to demand include rising all fresh beef prices, up 4.6 percent during the same period.

Price Discussion

12/19/2013
Posted by
Swan Land Company

If you are considering selling a farm or ranch, there are important tax and financial planning issues of which you need to be aware.  Engaging in planning prior to a sale is critical for identifying these issues and for implementing strategies to effectively address them.

Listing Your Property For Sale

Your farm/ranch likely represents the majority of your net worth.  Who you choose to list your property with is a critically important decision.   Choosing the right ranch broker will not only help you obtain a top price for your property but will facilitate a smooth transaction.  For a list of questions you can use as a guide for interviewing a farm/ranch broker, request Wealth Guide titled: Interview Guide for Selecting a Farm/Ranch Broker.

11/26/2013
Posted by
Swan Land Company

We are excited to welcome Sam Sanders as the newest broker with Swan Land Company. Sam grew up working on his family’s ranches in Wyoming and Montana. Acquired from this ranching lifestyle, he has a keen awareness of the beauty, benefits and challenges of any given property. For 12 years Mike Swan and Sam worked closely together at Bates Sanders Swan Land Company. “Sam’s depth of knowledge and expertise in the real estate profession combined with his high level of integrity is a perfect fit for our team.

11/22/2013
Posted by
Swan Land Company

We are pleased to announce the sale of the South Willow Creek Estate located in Harrison, Montana. 

11/21/2013
Posted by
Swan Land Company

The first discovery of gold in Montana was in 1852 on what is now Gold Creek about twenty miles north of Deer Lodge.  Pan and sluice mining of gold by James and Granville Stuart, in 1860, attracted other prospectors to a district that was soon to be established. 

11/05/2013
Posted by
Swan Land Company

There are many important financial issues to be aware of when selling a farm or ranch.  Planning for a sale with a team of advisors well in advance of a sale is critical for identifying these issues and for implementing strategies to effectively deal with them.  One of the biggest issues is the income tax that can result from a sale.

Selling highly appreciated (or depreciated) property can result in a large tax bill.  Taxes due on the sale may range from 20% to over 50% of the sale price depending on the cost basis of your property and how your property is owned.  Prior to listing your property, it is wise to have a CPA perform a tax projection on the sale.  Having an estimate of the tax bill you would face is valuable information when considering tax-saving strategies.

10/22/2013
Posted by
Swan Land Company

During the 1800’s the land near present-day Big Timber, Montana was somewhat of a cross roads for the Indians of the region.  The first white men know to be in the area were William Clark and his Corps of Discovery.  As noted in Clark’s journal, “Rivers Across” refers to where the Boulder River and Big Timber Creek empty into the Yellowstone River just north of Big Timber.  Between 1860 and 1880 the Indians gave way to trappers, traders, and settlers discovering the abundant opportunities this fertile area had to offer.

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."

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.

 

 

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