Ep 127: Did you know this… about Section 1031 (Property Exchange)?
Working Ranch Radio Show · Working Ranch Radio Show w/ Justin Mills
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Show Notes
Capital Gains Taxes… it’s a subject that is a part of the conversation in ranching families when there is a desire to divest of ranch land. And if the land is sold outright, it leaves the seller liable for Capital Gains Taxes. This is where Section 1031 of the Internal Revenue Code comes in. Dal Houston, attorney from Alva, OK is my as we go through the details of using a 1031… but even more than a way to defer capital gains, it can be an Investment Tool.
Plus, the history and the future of cattle identification with AllFlex’s Austin Woltemath.
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