ALL THINGS REAL ESTATE START WITH “WHAT IS IT WORTH?”

Whether you plan to sell your property or retain it, you need to have an accurate assessment of your farm’s value. Broker Price Opinions can be of great value. Results Opinions consider soils, capabilities, water appropriation, minerals, wind leases,solar leases, and of course, location.

Time of Death— Stepping up the basis on your asset is more than advantageous — it is crucial! Establishing a new basis is vital to making plans as to the future of your asset. In addition, a new basis will greatly reduce capital gains in the event of a sale.

Estate Planning— An Opinion can be of immense value to you and your family in makingplans as to what to do with your farm.

Internal Sales— Tenant or Family Member — You need to know what current market valueis to get started, even if you make them a better deal than market value. It is still vital thatyou have accurate data to make an educated decision.

External Sales— So, you have decided to sell the property on the open market… accuratepricing is paramount. Results’ Opinions are established using comparable sales data fromwithin the market where your property is located.

Historical Opinions— We often come across an owner who did not get the appropriate workdone at TOD, but who now wants or needs to sell. Your accountant will need a basis as to thetime you inherited the farm to assess capital gains. Again, crucial data to make an educateddecision — what will long term capital gains be? Do you sell — and, if so — do you pay thetaxes or plan for a 1031 Exchange?

Results Opinions of Value have been widely accepted in the agricultural real estate arena: our clients include Families, CPA’s, Trust Departments, Attorneys, and Lenders.