Is it wise to own a farm in an IRA?
Story Date: 1/24/2017

 

Source: WALLACES FARMER, 1/23/17

Periodically, we receive questions from farmers regarding the ownership of farmland and potential alternative options and tax savings available for owning farmland besides individual ownership. The question we received from a farmer a few months ago was: "Is it a good idea to have real estate, in particular farmland, in an IRA? What are the pros and cons?"

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