
Boom & Bust: Being Tax Savvy With the Highs and Lows of Pecan Farming
The ups and downs of running a farm operation are relentless. In some years, prices are right, pecans are plentiful, and income is good. However, it can take a nasty turn for the worst in a heartbeat. The “bad” thing about a good year is the potentially high tax bill. The “good” thing about a...
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Passing on a Pecan Farm from Generation to Generation
You have done all the right things. You invested in a seedling or a grafted tree that has turned into a producing tree, into an orchard. You have built an asset that will live on for generations. Now, how do you ensure that asset gets passed on to the next generation without being destroyed? Given...
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