Category

Real Property Law

FSA is Back to Work – And SVS Provides Title Work to FSA Borrowers

With the government shutdown behind us, the Farm Service Agency can get back to work helping farmers. One way they do that is to offer loans to farmers and ag enterprises. There are a number of loan products, as identified here.  My office provides title work to FSA offices who...
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The Legal Costs of Rising Farm Prices Impact Farmers’ Pocketbooks

Anyone who lives in a rural area knows that farm prices are through the roof right now. For those selling farmland, it’s great news. But many of the farmers I talk to are worried about the high costs. Beyond the simple “It’s too expensive to buy land right...
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Farmers Now Must Record Concrete & Rebar Burial

Did you know that farmers aren’t supposed to bury concrete in their own yards unless they record legal notice of its location? Minnesota Statute requires landowners to file an Affidavit Regarding Farm Disposal of Solid Waste.
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1031 Exchange Transfers – If you’re thinking about doing one, plan ahead!

If you sell land at today’s high land prices, you might face some large capital gains taxes.  If you know that you want to purchase more land though, the US government has provided a way to help you defer those taxes. The IRS outlines its 1031 Deferred Like-Kind Exchange in...
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I am a Lawyer, I am a Mother, I am a Christian, I am hopeful.

I think it’s important that my clients know what to expect when they hire me, and part of that is knowing about my values.  I am a lawyer, and that means I will advocate for my client’s position.  You might think of me as a counseled adviser who speaks on you...
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Real Estate Closing & Income Taxes: Why You Have to Provide Information on IRS Form 1099-S or a Certification of No Reporting

As a seller, though, you should be aware that some of the documents you sign may have consequences next April when your taxes come due. The IRS requires closing agents to report on the sale of real estate in case you owe any taxes on gains from the sale. Your closing agent, who...
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