PT  - JOURNAL ARTICLE
AU  - Dillard, John G.
AU  - Kuethe, Todd H.
AU  - Dobbins, Craig
AU  - Boehlje, Michael
AU  - Florax, Raymond J. G. M.
TI  - The Impacts of the Tax-Deferred Exchange Provision on Farm Real Estate Values
AID  - 10.3368/le.89.3.479
DP  - 2013 Aug 01
TA  - Land Economics
PG  - 479--489
VI  - 89
IP  - 3
4099  - http://le.uwpress.org/content/89/3/479.short
4100  - http://le.uwpress.org/content/89/3/479.full
SO  - Land Econ2013 Aug 01; 89
AB  - This study examines the effects of the Section 1031 tax-deferred exchange provision on agricultural land values. The provision allows taxpayers to defer taxation for relinquished productive assets if a like-kind asset is acquired within the allotted time of 180 days. The analysis examines a set of 3,580 farm real estate transaction from 55 agricultural counties in Indiana over the period 2003–2006. Hedonic price analysis suggests that properties acquired under a like-kind exchange are associated with a 1.32% price premium. (JEL H23, Q15)