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What You’ll Need to Know: When it comes to land use, pay attention to zoning ordinances, covenants, easements, and agricultural use restrictions, to name a few. As of 2013, with the Net Investment Income Tax (NIIT) in effect, a 3.8% The next step is listing your farmland on the market! As such, the expense has been “recaptured.”
Learn about roads, easements, and property rights: Consider spending the afternoon or night on the land that’s for sale, if possible. Learn about easement rights and road access. A commercial broker will have in-depth knowledge of the market as well as networking connections and access to listings.
Off and on the market since 2013. There may be unrecorded easements or other issues that the appraiser would not and could not discover during the course of the inspection. Excerpts: Housing trends are changing by the week, and it’s time to start believing the Fed when they talk about resetting the housing market.
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