Agricultural Economics Department
Date of this Version
June 2005
Abstract
“The 1031's are giving us a distorted value of farmland.” The above quote from a Southeastern Nebraska reporter to this department’s 2005 Nebraska Farm Real Estate Survey, to be released July 1, reflects many of the comments made by reporters from across the state. The 1031 exchanges appear to be increasingly influential in local agricultural land markets from Chadron to Falls City. This year, for the first time in the series of monitoring factors influencing the value of agricultural land, the categories of non-farm investors and 1031 Tax Exchanges were ranked by our survey respondents as the two most influential factors behind the recent rise of land values.
Comments
Published in Cornhusker Economics, 06/08/2005. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html