UNLOCKING TAX SAVINGS THROUGH SOIL: A DEEP DIVE WITH AGRICULTURAL SOIL MANAGEMENT

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November 08, 2024
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An unexpected tax-saving opportunity beneath your feet

UNLOCKING TAX SAVINGS THROUGH SOIL: A DEEP DIVE WITH AGRICULTURAL SOIL MANAGEMENT

 

If you’re a property owner, especially in your first few years of land ownership, there might be an unexpected tax-saving opportunity beneath your feet! In the latest episode of The Sale Ring Podcast, we sit down with Alec Bean and Karly Pavlinac from Agricultural Soil Management (ASM) to explore the benefits of soil tax deduction analysis.

 

ASM is a pioneering company that evaluates land for excess levels of key nutrients—particularly Potassium and Phosphorus. For landowners, this process can translate into significant tax savings. Here’s how it works: ASM assesses your land for nutrient buildup, which may allow you to apply for a tax deduction based on any identified excess. This can be especially valuable for new property owners within their first three years who haven’t applied fertilizer yet.

 

In our discussion, Alec and Karly break down the soil assessment process, the eligibility criteria, and how ASM can help you understand the hidden financial benefits lying right in your soil. Whether you’re actively looking to manage your land's nutrients or simply exploring potential deductions, this episode is packed with valuable insights.

 

Catch the full episode on The Sale Ring Podcast HERE and discover how to make the most of your land—tax-wise!

 

Stay tuned for more expert tips and industry insights from The Sale Ring Podcast or Subscribe to The Sale Ring Podcast show (FOR FREE!!) at www.thesalering.com or on any of your favorite listening aps!