Join attorney Cari Rincker as she provides an overview of farm leases. Specifically, Cari discusses the difference between active and passive income for taxes/social security and how it affects the structure of the farm lease. In addition, she addresses types of farm leases (e.g., cash rent, crop-share, and hybrid/flexible), major lease provisions, and price/rent negotiations.
I. Differentiate between active and passive income for taxes/social security
II. Recognize different types of farm leases
III. Identify major lease provisions
IV. Know price / rent negotiation strategies security and how it affects the structure of the farm lease
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