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Bobstandard

(1,725 posts)
3. Ralph Lauren's estate is nearby..
Thu Mar 11, 2021, 12:36 PM
Mar 2021

And it’s lots bigger, so Tom had a sad.

Ranch and ag properties have interesting tax benefits that diminish with time. Also, they can be huge money pits and management hassles. If you’re not actually a rancher it can make economic sense.

He should just give it to a land trust. Or at least sell it encumbered with conservation restrictions.

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