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.
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USDA approves disaster aid for Pennsylvania orchard and specialty crop growers after April freezes caused major crop damage statewide.
Applications are open through July 27, 2026, on Grants.gov.
The risk is prolonged crop weakness. Stable farmland values remain critical if losses continue.
