Ag land marketing subject of seminar Many landowners are stymied in selling appreciated property by fear of high capital gains taxes and other tax issues. CPA and farm tax expert Andrew Biebl will provide some solutions in a seminar on "Marketing Agricultural Land while Reducing the Tax Bite."
The program is scheduled in Winner, Redfield and Beresford.
In Winner, the two-hour program begins at 1 p.m. on Tuesday, Feb. 29, at the meeting room at "Rich's Rec" at 246 East Fourth Street downtown.
In Redfield, it starts at 10 a.m. on Wednesday, March 1, in the downstairs meeting room at Leo's Restaurant, located at 602 North Main Street downtown.
The Beresford program begins at 3 p.m. on Wednesday, March 1. It will be held at the SDSU Southeast Experiment Farm, 5.5 miles west of the I-29 and Highway 46 interchange and 2.5 miles south on University Road.
Biebl is a partner in a New Ulm, MN, accounting firm and is a nationally known author and trainer of certified public accountants. An authority in farm business and taxation, he writes in such national publications as Top Producer.
In his land marketing seminar he emphasizes techniques to sell real estate and retain the profits rather than lose them to taxation. Tax deferred exchanges and charitable life income trusts are among the options he will explain. The program will also provide an up to date review of current tax laws affecting agriculture, property and estate planning.
The South Dakota State University Foundation is sponsoring the seminar, in cooperation with the Cooperative Extension Service and the SDSU Agricultural Experiment Station.
For more information or to register, call the Tripp County Extension Office in Winner at 605-842-2858, the Spink County Extension Office in Redfield at 605-472-2023, the Southeast Experiment Farm office in Beresford at 605-563-2989, or the SDSU Foundation in Brookings, toll free at 888-747-7378.