Great Exchange: How to Use 1031 Exchanges to Your Advantage

Ask any big-league broker to name the single most effective real estate investment tool. Don’t limit yourself to ranch brokers or real estate agents who specialize in islands or farmland or some other rural land. Ask commercial brokers in major urbancenters, subsurface guys who buy and sell mineral rights, and corporate types who package shopping centers and apartment building. The top response is bound to be the 1031 Exchange, and the reason is simple. Read more

Checklist: 1031 Exchange

Review The Land Report’s checklist of key elements to a 1031 Exchange and learn about Exchange Requirements, Qualified Intermediaries, Proper Purpose, and Qualifying Properties. Read more

Hunting Land is a Hot Investment

Over the last decade there’s been a boom in rural land prices throughout much of the United States and parts of Canada. I say this not because of some government report or a recently released study but based on firsthand experience. I live in southern Iowa, and I have been buying rural land here since 1995. Back then I could little afford more than an old used pickup truck. Yet land was so cheap that I couldn’t say no. Read more

Rising Land Values in Illinois

Farmland values in Illinois increased by nearly 6 percent during the first half of this year with investors, both local and national, bidding up the rural properties, particularly in the “collar counties” around Chicago. Rather than focus on short-term problems in the credit and housing markets, many long-term investors perceive an “asset shortage,” and that is driving the price. Read more