Search National Agricultural Library Digital Collections

NALDC Record Details:

The Impacts of the Tax-Deferred Exchange Provision on Farm Real Estate Values

Permanent URL:
http://handle.nal.usda.gov/10113/56988
Abstract:
This study examines the effects of the Section 1031 tax-deferred exchange provision on agricultural land values. The provision allows taxpayers to defer taxation for relinquished productive assets if a like-kind asset is acquired within the allotted time of 180 days. The analysis examines a set of 3,580 farm real estate transaction from 55 agricultural counties in Indiana over the period 2003?2006. Hedonic price analysis suggests that properties acquired under a like-kind exchange are associated with a 1.32% price premium.
Author(s):
John G. Dillard , Todd H. Kuethe , Craig Dobbins , Michael Boehlje , Raymond J. G. M. Florax
Subject(s):
agricultural land , assets , farms , land values , prices , property tax , Indiana
Source:
Land Economics 2013 v.89 no.3
Language:
English
Year:
2013
Collection:
Journal Articles, USDA Authors, Peer-Reviewed
File:
Download [PDF File]
Rights:
Works produced by employees of the U.S. Government as part of their official duties are not copyrighted within the U.S. The content of this document is not copyrighted.