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| I to believe some financing takes place but you are failing to take in account the possibility of millions of dollars being transferred to the farmer in the form of inheritance. Sometimes it is from an inherited parcel to perform a 1031 exchange or can be large sums transferred upon death through retirement IRAs. When millions are given through generational wealth, the need for large income years to make purchases is less dependent
This makes the argument of paying land for cash a high likelihood
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