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September 21, 2016 03:46PM
Hi,
I recently purchased land with a friend. The land is a joint ownership. Right now the current farmer is on a share crop so the joint ownership gets a 1/3. (1/6 and 1/6) After this year I will be farming the land on shares, so as the farmer I will get 2/3rds, and as part owner I will get a 1/6. The way I see it is to set this up for an 83.33% share for me, as farmer and owner, and then a 16.665% for the other owner. Will this cause me any unforeseen problems in the future and is this the best way?

Thanks, Dan
SubjectAuthorPosted

Farm Purchase

dklausmeyerSeptember 21, 2016 03:46PM

Re: Farm Purchase

KathyClineSeptember 23, 2016 08:19AM

Re: Farm Purchase

dklausmeyerSeptember 23, 2016 12:47PM



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