PARKER, COLORADO (RFD-TV) — Farmers are now able to defer paying tax on the sale of farmland. It is one of the many provisions of the “One Big Beautiful Bill” Act (OBBBA) and allows producers to defer paying the tax over a three-year period. However, there are a few requirements.
Farm CPA Paul Neiffer joins us on Thursday’s Market Day Report for a closer look at the conditions a farmer must meet to qualify for this new three-year tax deferral on farmland sales, how much it could save, and other details to consider.
Related Stories
Cody Hibbard, an Oklahoma native who grew up working on the family farm and later pipelines, stopped by our studios today!
Grant Gilbert is a singer-songwriter who was raised on a cattle ranch in rural Texas, a population of 300 to be exact. He has since made his way to Nashville, combining his love of country music with blue-collar rock.
