- Featured News
- President's Corner
- Of Intere$t
- Crop Talk
- Leasing Residual
- Business ¢ents
- On The Horizon
- Press Releases
- PDF Newsletters
- Employment Opportunities
Stock Indices
|
-81.80
News
What is an IRC Section 1031 Exchange?
An IRC (Internal Revenue Code) 1031 exchange allows you to sell property and defer capital gains and depreciation recapture taxes, assuming reinvestment into “like kind”property of equal or greater value. Any property held for investment purposes or for productive use in a trade or business generally qualifies as “like kind”property for 1031 exchange purposes.
1031 exchange rules generally require an individual to identify up to three investment properties within 45 days of the close of escrow of the relinquished property and to successfully complete the acquisition of the replacement investment property, or properties, within 180 days of close.
For more information, contact a Frontier Farm Credit Business Services Specialist.
Featured News
Frontier Farm Credit Introduces AgStart
“Young Guns” is more than a movie to Frontier Farm Credit. It is a team of new and beginning loan officers that meet twice a year for training purposes. Earlier this year Doug Hofbauer, CEO, challenged some of the “Young Guns” to work with other team members to implement a fresh lending program geared toward young, beginning, and minority producers.
President's Corner
President's Corner
We know you are busy and hope this newsletter gets you the information you need quickly and succinctly. We are fortunate that agriculture is a bright spot in the overall economy, and we go into a period of financial turmoil with generally strong balance sheets. With the turmoil on Wall Street and in the national credit markets, let me answer a few commonly asked questions. Continue Reading>>
Click here to view all of our featured news and articles.
Of Intere$t
Of Intere$t
Fortunately, Farm Credit does not deal in the subprime market and did not have exposure to the “toxic debt” that caused so many
problems on balance sheets. Being a single industry lender dedicated to agriculture has produced a conservative risk tolerance within the Farm Credit system. This is apparent with our strong balance sheets and healthy capital levels. By “sticking to our knitting” Farm Credit has avoided the issues that closed the doors of other financial institutions. Continue Reading>>
Click here to view all of our featured news and articles.
Crop Talk
Crop Talk
2008 will be a year to remember in agriculture. All time record
commodity prices, record floods and rainfall, diseased crops, turmoil in our national and world economy, and for the most part good to excellent yields in the Frontier Farm Credit territory. Continue Reading>>
Click here to view all of our featured news and articles.
Leasing Residual
Leasing Residual
Why do people lease? Here are some ideas to answer that question:
Tax Management Strategies
- Increase rate of depreciation
- Avoid losing depreciation in the 4th quarter
Continue Reading>>
Click here to view all of our featured news and articles.
Business ¢ents
Business ¢ents
Business Tax Planning Keeping accurate and up-to-date business records can be a difficult but important part of operating a business. If you find this challenging, plan ahead. Don’t wait until tax time or until you are totally confused. Your records will be used to prepare tax returns, make business decisions, and apply for loans. Set aside a special time each day to update your records or seek help from a qualified professional. It will pay off in the long run with more deductions and fewer headaches. Everyone in business must keep records. Good records will help you: Continue Reading>>
Click here to view all of our featured news and articles.
Press Releases
Latest Press Release
- Riffel Promoted to Frontier Farm Credit Vice President of Credit Services
- Fike Promoted to Frontier Farm Credit Senior Vice President of Credit
- Frontier Farm Credit Plans to Build New Marysville Location