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
The National Milk Producers Federation (NMPF) says recent wins in markets like Malaysia and Cambodia help farmers focus on production rather than trade barriers.
Kubota President Alex Woods discusses the “Geared to Give” program, the company’s commitment to those who served, and how the initiative continues to grow and impact veterans.
Lucia Ruano, USMEF’s Central America representative, discusses what is driving demand for U.S. beef and pork in the region.
Tyson expects another year of beef-segment losses due to tight cattle supplies, even as chicken, pork, and prepared foods strengthen overall margins.
Pasture, Rangeland and Forage (PRF) interval selection—not just participation—drives protection levels as rainfall patterns become less predictable across the South.
If the House concurs and the President signs, USDA services and farm-bill programs resume at full speed with authorities extended for another year.
