“If you bought your property at $500 an acre, and today it’s worth $5,000 an acre, you’re going to have significant capital gains exposure at the sale of that property. But if we can transfer that money into some other income-producing asset and defer those capital gains, then you can use that money and invest it,” stated CEO of National Land Realty Ronnie Richardson during his recent appearance on RFD-TV.

Ronnie spoke about the ways that increased interest rates are impacting U.S. land values in 2023 and the best time to sell as a landowner. According to Ronnie, the best time to sell as a landowner is when you don’t need to, and he recommended talking to a Land Professional years in advance before listing your property. He also explained the process of a 1031 exchange and the ways that this process can benefit landowners by deferring the capital gains taxes on the sale of their property.

To view Ronnie’s full appearance, click here!