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Alabama
Government Agencies
Alabama Department of Agriculture
& Industries
http://www.agi.state.al.us/
Alabama
Cooperative Extension System
http://www.aces.edu/
Alabama
State Parks
http://www.alapark.com
Alabama
Forestry Commission
www.forestry.state.al.us
Alabama Department of Conservation and
Natural Resources
http://www.outdooralabama.com FISHING AND
HUNTING REGULATIONS
Alabama Department of Revenue Property
Tax Division
http://www.ador.state.al.us/advalorem/index.html
Federal
Government Agencies
US
Department of Agriculture
http://www.usda.gov
US
Forest Service
http://www.fs.fed.us/
USDA
Farm Service Agency (FSA) http://www.fsa.usda.gov
USDA
Natural Resources Conservation Services (NRCS)
http://www.nrcs.usda.gov/
US Fish
and Wildlife Service
http://www.fws.gov/
National Park Service
http://www.nps.gov/
Alabama
County Property Tax Information
Click here
to review a list of Alabama County Property Tax office
websites and/or contact info.
Directory of Alabama Chambers of
Commerce
http://www.alabamachambers.org/directory.aspx
Maps
Goggle
Maps
http://maps.google.com --Sattelite Images, Road
Maps, and Directions
Topographical and Aerial Maps
http://www.terraserver-usa.com
County
Map of Alabama
http://county-map.digital-topo-maps.com/alabama.shtml
Financing
Information
Federal Land Bank of North Alabama
http://www.alabamalandbank.com
Federal Land Bank of South Alabama
http://www.alabamalandloan.com
First South Farm Credit
http://www.firstsouthland.com
Like-Kind Exchanges Under IRC Code Section 1031
Whenever you sell business or investment property and
you have a gain, you generally have to pay tax on the
gain at the time of sale. IRC Section 1031 provides an
exception and allows you to postpone paying tax on the
gain if you reinvest the proceeds in similar property as
part of a qualifying like-kind exchange. Gain deferred
in a like-kind exchange under IRC Section 1031 is
tax-deferred, but it is not tax-free.
Learn
more about Like-Kind Exchanges Section 1031 at the
United States IRS website
http://www.irs.gov/newsroom/article/0,,id=179801,00.html
Like-Kind Exchanges – Real Estate Tax Tips from the US
IRS website
http://www.irs.gov/businesses/small/industries/article/0,,id=98491,00.html
Taxpayers should be wary
of individuals promoting improper use of like-kind
exchanges. Typically they are not tax
professionals. Sales pitches may encourage
taxpayers to exchange non-qualifying vacation or second
homes. Many promoters of like-kind exchanges refer
to them as “tax-free” exchanges not “tax-deferred”
exchanges. Taxpayers may also be advised to claim an
exchange despite the fact that they have taken
possession of cash proceeds from the sale.
Consult a tax
professional or refer to IRS publications listed in the
links above for additional assistance with IRC Section
1031 Like-Kind Exchanges.
The following Intermediaries may be able to provide you with good information, handbooks, and advice. Or contact your investment professional.
Asset Preservation, Inc
Old South 1031 Tax Exchange Services, LLC
Starker Services
Self-Directed IRA - Real Estate
Very few Americans
realize that they have the option to self-direct their
IRAs and other retirement plans into real estate, and
benefit from the tax advantages those plans provide.
Investments in IRAs benefit from tax-deferred profits or
in some cases tax-free profits.
If you currently are a successful real estate investor,
or are just looking to diversify your retirement
portfolio, the combination of real estate and your IRA
can be very powerful.
Visit
the following sites to learn more or contact your investment
professional.
Equity Trust Company
Sterling Trust Company
Other Real Estate Sites
We have many friends and associates who do what we do ... sell rural Alabama land. And friendly competition is good for business. So check out these websites.
AlaLandCo
RobertKing.net
Johnathan Goode - Land Agent
Articles on Land Investing
Country Real Estate
Columns by Curtis Seltzer
Curtis Seltzer, 61, has lived and worked in the
country for the better part of 35 years. He
graduated from Pittsburgh’s Peabody High School in 1963
where his classmates voted him second funniest, which he
continues to think he is. He bought his first country
place in the early 1970s, 60 acres of recently timbered
woods north of
Amherst. Subsequently, he’s owned
property in about a dozen states and has scoped property
in more than a dozen others. He has helped clients find
and buy timberland (both pine and hardwoods), farms,
development land and conservation property.
Mr. Seltzer is the
author of the book How to be a Dirt-Smart Buyer of
Country Property.
Written for buyers, not sellers, the book covers the
questions to ask and the places to go for answers when
you’re buying rural real estate.
Go
here
to
read all Curtis Seltzer Country Real Estate columns. He
is an entertaining writer who knows country land.
What’s Going on with Land in Alabama Today
by
Robert King
Alabama Farm Real Estate: A
Comparison of Returns and Values Since 1970
by
John Adrian and
Walt
Prevatt - Professors and Extension Economists at Auburn
University
LANDLINES: Alabama Land News
fromwww.AgLandInvestments.com. Sign up for our monthly newsletter. LANDLINES is a summary of new property listings for the month as well as informative and insightful articles about land investing and all that owning rural land in Alabama has to offer. Visit the LANDLINES newsletter Archives - click here. LANDTHINK: Get Land Smart a website packed full of articles and advice from land experts.
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