What to Do with a Gift of Farmland: Part One

Many people are given farmland and this phenomenon will continue. People who receive the gift of farmland may want to retain ownership for a variety of reasons: the land is already paid for; it may increase in value; it may have been in the family for a long time; or it may allow participation in production agriculture. Lack of land ownership costs may reduce the risk of land ownership. The purpose of this manuscript is to determine whether a person who has been given farmland can afford to retain ownership. A twelveyear analysis was used to determine the net income and risk associated with three strategies for retaining ownership.


Issue Date:
2015
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/235186
Page range:
87-96




 Record created 2017-04-01, last modified 2017-08-22

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)