Author Chris Nolt Knows How to Sell Your Farm or Ranch Without Paying a Fortune in Taxes
For Many Rural Families, Their Properties Are Their Single Biggest Asset
Chris Nolt, the author of Financial Strategies for Selling a Farm or Ranch, provides an excellent overview of the issues involved in completing the successful sale of a ranch or farm, and of the tax traps that many unprepared property sellers fall into.
After a lifetime of hard work – sometimes over generations – when the time comes to sell their ranch or farm, many families don’t realize how high the stakes can be. Failure to plan ahead, or improper planning, can cost families much of the potential value vested in their properties.
Two of Nolt’s favorite vehicles for legally and efficiently minimizing capital gains taxes on the sale of agricultural properties are the 1031 Tax-Deferred Exchange and the Charitable Remainder Trust.
On this edition of RANCHCAST with LEM LEWIS, Chris spells out the advantages of both 1031 Tax-Deferred Exchanges and Charitable Remainder Trusts, and also the restrictions that apply to both.
Forget Westworld and Most Hollywood Cowboy Fables: This is the True Story of the Old West
Today’s American Economy Can Trace Its Roots to
Yesteryear’s Cattle Barons
The real Old West – not the Hollywood version – was quite different than the one most of us have been taught.
Even us ranchers and rural producers will be surprised by the intimate view and almost tactical sense of what it was really like in the 19th Century to be a cowboy that can be found in the book, Cattle Kingdom: The Hidden History of the Cowboy West.
TEXAS "CRUDE:" Olives growing on the Texas Olive Ranch
Entrepreneurial-Minded Rural Landowners:
Texas Olive Ranch Has Spawned a Growing Industry
Jim Henry and the Henry Family Are Models of
Innovation and Stick-to-Itiveness
After living and working in Spain, where he noticed the climate and trees were similar to parts of Texas, Jim Henry wondered why no one in his native Texas was growing olives commercially. He thought Texas could be host to a thriving olive oil business and he set out to prove it.
New Film, Farmers for America, Aims to Celebrate and Inspire the Next Generation of Rural Producers
An Exclusive Interview with Filmmaker Graham Meriwether
Ahead of the national premiere of Farmers for America, host Lem Lewis, The Ranch Broker, interviews filmmaker Graham Meriwether about the documentary that aims to celebrate and inspire the next generation of American farmers and ranchers.
Some of the Finest Bourbons in the World
Come from a Ranch in Tiny Hye, Texas
There is so much to boast about for those of us blessed to live in Texas. Garrison Brothers’ Texas straight bourbon whiskey is like icing on the cake.
Made from pure Texas-grown organic cereal grains, combined with our nutrient-rich rainwater, Garrison Brothers bourbons are among the very best to be found anywhere in the world.
On this edition of RANCHCAST with LEM LEWIS, our host and certified whiskey sommelier Lem Lewis travels to Hye to visit with founder and proprietor Dan Garrison.
Dr. Matt Wagner Offers a Master Class in
Wildlife Conservation and Range Management
My guest on this episode, Dr. Matt Wagner, is someone who I know enjoys the outdoors as much as I do.
Dr. Wagner is the definitive expert on wildlife conservation, range land management, and the Texas laws and policies governing them. I could invite him on every episode of this show and I know that I’d never grow tired of hearing what he has to say.
Dr. Wagner spent 28 years with the Wildlife Division of the Texas Parks and Wildlife Department, most recently as Deputy Director. He is an adjunct faculty member of the Biology Department at Texas State University, where he teaches Wildlife Law and Policy. He also works under contract as a project administer with the Wildlife Management Institute, which has supported game management, biological diversity, and ecology since its founding in 1911.
Exposing Pecksniffery and
Debunking Common Food Myths
Last year, I attended The Wizard Academy’s Reputation Tool Chest workshop taught by award-winning business journalist, Dean Rotbart.
Dean is the host of Monday Morning Radio, a popular business-to-business podcast that in 2016 alone attracted more than a quarter-million listeners. With Dean’s help, I launched RANCHCAST with LEM LEWIS earlier this year, and I’m pleased that Dean continues to work with me to build our RANCHCAST audience and ensure the quality of our episodes.
This week Dean and I share hosting duties – combining our two audiences for a very special interview. Our guest is Michele Payn, a nationally recognized influencer in the large, growing, and very successful farm-to-table movement.
What’s Old Is New Again:
Disruptive Ranching and Farming
The Ficke Family has been ranching and running a livestock operation in Pleasant Dale, Nebraska since 1888.
Today, Del Ficke and the Ficke Cattle Company are role models for successful, holistically-managed, independently owned, profitable rural producers.
On this edition of RANCHCAST with LEM LEWIS, Del shares his disruptive techniques for making ranching and farming both more profitable and more satisfying. Better still, Del is showing rural producers how to manage their land so that their children and grandchildren will be incentivized to stay at home or return there.
Authenticity is the Secret to Richard Lynch’s
Success as a Country Music Singer/Songwriter
My guest this week is a farmer, a barn builder, a philanthropist, and a patriot.
But to his legions of fans, country music artist Richard Lynch, a member of the Independent Country Music Hall of Fame, is a:
Raised a City Kid, Inventor & CEO Paul Francis Shares His Love of Ranching
Paul Francis is best known as the inventor of a technology that allows orbiting astronauts on the International Space Station to stay fit in the weightless environment. His resistive exercise device has been used by more than 50 space travelers.