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The National Land Podcast

How Your Soil Can Save You Money

October 9, 2023

IRS Tax Code 180 is an often overlooked part of the United States tax code. This tax code allows for the depreciation of excess fertility in farm soil and it is something that should be considered by any rural land owner, especially buyers. Today Mac Christian talks with an expert on the topic, Alec Bean. Alec Bean, in addition to being a land real estate agent, is the owner and operator of Agricultural Soil Management. Agricultural Soil Management or ASM, helps landowners manage their soil and specializes in helping landowners navigate IRS Tax Code 180. So if are interested in something that could save you thousands of dollars, this episode is for you.

Contact Agricultural Soil Mangement (ASM)

Contact Alev Bean

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About the Author
Alec Bean joined the National Land Realty team of Land Professionals in April 2022. Alec has significant experience across a variety of fields given his background as a small business owner. Alec is a strong believer that the absolute best business anyone can be in is the ownership of land, and his passion is connecting with and serving those who feel the same way. Alec is a certified crop advisor, making him the perfect person to find your next farm or ranch. In his free time, Alec enjoys bow hunting and fly-fishing as well as hiking with his wife and their dogs. Alec and his wife, Rachel, are based in Illinois, where they are active members of Grace Church of Mahomet.