Hello,I am working with a client who has farmland held in an S-Corp (current tax basis is approx. 5% of market value), It seems there is not a way to sell this property without having to pay capital gains, since it is unfortunately held in an S-Corp.There is an option to sell a perpetual conservation easement to the land while still maintaining ownership of the land.

As a licensed realtor in California, I'm eager to leverage my expertise but also recognize the value of community insights and collaboration.This is my first post here, so I'm not entirely sure of the usual depth of information shared, but I'm open to discussing all options and grateful for any guidance or suggestions from this esteemed community.Looking forward to your input and advice.Best regards,Benjamin Carter

The house will cash flow but the property comes with a great newly built barn with a slab and all.Now when my brother and I both left for college my parents had no use for a golf simulator that we had in our garage so they offered for me to use it at a property.This would for sure add a lot of value to bookings but I cant decide if the $50 - $100 a night or so increase (just a estimate) is a better option than spending the 40-60k to turn the barn into an ADU / separate dwelling to add cash flow and equity to the property. 

I ask because when it comes time to sell, I like having the option to sell to both investors and the retail market.

Yes it’s harder to find better options but they do exist.

It’s good to get involved with the neighbors and neighboring institutions as well.  

Have you talked to a realtor or a Banker yet to map out some options and get a pre-approval to start looking at numbers and cash available?

So you have financial outfits getting involved in businesses that had long been left to small owners or specialized funds.

Also, you may want to check outside the city which may give you more options.

If there is no complete disclosure to the seller of the risks involved, a disaster is just waiting to happen.