Do you need to acquire a piece of agricultural equipment or a farm building to replace one that has worn out or to expand your operations? Leasing may be a great option for you. No matter what you are producing, there are a variety of agricultural buildings and equipment you need to be successful:
Livestock housing specific to the type of animal: hogs, dairy cows, beef cattle, sheep, and poultry.
Other types of storage structures: grain silos, refrigerated milk vats, feed storage barns, hay barns, wine tanks, crushes for shearing or milking, and equipment sheds.
Larger scale farm technology that supports the process of production: tractors, combine harvesters, sprayers, irrigators, planters – and more.
Solar panels and other large energy-saving devices.
How to prepare for a possible increase in estate taxes
Next year could be the last for generous exclusions from estate taxes. The Tax Cuts and Jobs Act of 2017, which deals with estate taxes, runs through the end of 2025.
