Replies

I agree, and as you get more and more heirs looking at smaller pieces of the pie, eventually enough of the heirs force a sale and the farm goes bye bye that way as well.

We can't force the family farm to stay together forever.
We can't stop heirs from wanting to cash out either.

28 posted on 06/09/2006 8:19:15 PM PDT by A CA Guy (God Bless America, God bless and keep safe our fighting men and women.)

"We can't force the family farm to stay together forever.
We can't stop heirs from wanting to cash out either."

I'm just taking about keeping the Government from taxing it to force the sale.

A small farm that supports 2 families, father and his son.

They own 600 acres and rent another 600 to farm.

One million in equipment and another two million in land and livestock etc.

Each work the farm and eek out about 60k net a year. The old man dies and now the kid is going to have to come up with the taxes on 2 million?

Its a pile of crap to tax anything on that IMHO.

35 posted on 06/09/2006 8:35:10 PM PDT by Beagle8U (Juan Williams....The DNC's "Crash test Dummy" for talking points.)