This last week I was in Iowa to support and witness an auction of the family farm. My mom, having been a farm girl inherited this farm with her sister and decided recently to sell the farm for various reasons. The sale was handled through an auction and everything went better than expected. It would seem that productive farm land has risen in value over the last 10 years due to increased commodity prices and ethanol production. There was a feeling of prosperity in this small town and it was great to be a part of it. The next phase is for our family with my help to find suitable investment properties to buy in order to defer the tax gains through a 1031 Exchange. We think residential real estate has a lot of upside and I am both excited and nervous about doing this!
For more information about us call Todd Groth at 720.203.9624 or look us up online at www.BevGrothProperties.com