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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
AHA land swap fair?
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<blockquote data-quote="teslacoils" data-source="post: 7944703" data-attributes="member: 127792"><p>So the landlord wanted to sell at nine grand and acre and offered it to you for £6k, which would have netted them the million. You get discount on the whole block. Aha ends as you own the land.</p><p></p><p>The new proposal is that the aha ends but instead of the lot you get land, they get 92ac to sell (830k) and the proceeds of selling you a small field which makes it up to the million. </p><p></p><p>I'd snap that up if it ajoins a yard you own. Because you've turned a tenancy into debt free land that you can use as security for whatever you want in the future. Check accountant etc for the best way to maximise any entrepreneurs reliefs etc.</p></blockquote><p></p>
[QUOTE="teslacoils, post: 7944703, member: 127792"] So the landlord wanted to sell at nine grand and acre and offered it to you for £6k, which would have netted them the million. You get discount on the whole block. Aha ends as you own the land. The new proposal is that the aha ends but instead of the lot you get land, they get 92ac to sell (830k) and the proceeds of selling you a small field which makes it up to the million. I'd snap that up if it ajoins a yard you own. Because you've turned a tenancy into debt free land that you can use as security for whatever you want in the future. Check accountant etc for the best way to maximise any entrepreneurs reliefs etc. [/QUOTE]
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Farm Business
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AHA land swap fair?
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