RedTom One thing I kind of missed in this was you taking care of your Father's affairs. You really have a responsibility to protect his "BEST" interests. By sharecropping to someone that is doing a poor job you not really doing that. I would put the farm up for rent and take applications for the next crop year. Then pick the best one in your opinion and go with them. I would DROP the sharecropping deal ASAP. Thee is just too many unknowns involved with that in the next few years plus you have LOST income the last few years as well. The current tenants can still be farming the farm next year if they step up to the plate.
As for selling the farm. That is what a good auction is for with today's prices. A good friend of mine just retired this passed winter/early spring. He was really thinking about taking a pretty good offer on his ground from the current tenant. I have/had nothing against the renter at all. I just told him that how does he KNOW what is a good offer on his farm these days???? His farm has two very moneyed fellows on each side. He was offered $10K per acre for the farm, 365 acres. That is nothing to be insulted by. At the auction the land brought $14000 an acre. So he made an additional $1.45 million on his farm. So private sales can leave a lot of money on the table these days.
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Today's Featured Article - A City Guy's First Tractor - by Fred Hambrecht. After living in apartments in Atlanta for more years than I care to remember, the wife and I decided to move to the country. Humming "Green Acres is the place for me..." we purchased a 29 acre tract about 60 miles south of Atlanta. Next came the house, I could talk about that ordeal for another two weeks... But, I want to talk about my tractor! We didn't even own a lawnmower, and all of a sudden we had enough grass to feed all the starving children of the bovine world. Naturally, I talked
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