General Discussion
In reply to the discussion: Actual Headline: "CA Farmers Supported Trump, But Now Fear Losing Field Workers" [View all]progree
(13,059 posts)I've been living in Minnesota for 39 years. I inherited it in 2004 when my father passed. Fortunately the farmer who was leasing it continued to lease it and he has done a great job. I got 20% of the crop check, he got the rest since he puts in his labor and expertise and hired harvesters (a very big expense) etc -- anyway a standard crop share deal according to several sources.
But it was just too much worrying about water and nitrates and other things ... its a job for somebody living around there, not someone in Minnesota who doesn't know shit about farming.
It was appraised at $495,000 and Population Connection put it on the market for $499,500. It was taken off the market a week later after getting 3 offers, but I haven't heard from since... that was about 2-3 weeks ago.
I didn't actually give away $half a million -- since I got a charitable gift annuity back. All in all I figure I gave away between 100 K$ and 150 K$ after considering avoided capital gains taxes, charitable tax deduction, the value of the annuity, the selling costs I avoided, and so on.
On Edit - Population Connection was formerly know as ZPG - Zero Population Growth.