Education

ASFMRA - ALL DAY - BOTH MORNING AND AFTERNOON SESSIONS

Starts: Jan 15, 2020 8:30 AM
Ends: Jan 15, 2020 4:30 PM
City: Chamberlain
Location: Arrowwood At Cedar Shore Resort
Room: Bridges Conference Center
Instructor: Three Morning Speakers and Afternoon Instructor: John Widdoss, ARA, MAI
CE Hours: 7
Network Provider: ASFMRA

About the Course:

REGISTER HERE TO ATTEND ALL DAY - THE MORNING AND AFTERNOON SESSIONS FOR 7-HOURS OF CONTINUING EDUCATION

NOTE: Appraisers MUST Attend All Day to receive ANY appraiser CE credit

MORNING SESSION

Impact of IRS 26-Section 180 Deduction at of land acquisition on Appraisers and Farm Managers
Speakers: David N. Sasseville, Ph.D. and Tony Hagen with Land & Leaf Data Labs

This seminar is designed to inform students of IRS 26 US Tax Code Section 180: Expenditures by Farmers for Fertilizer. This section of the tax code allows for landowners and/or operators to deduct the cost or acquisition of fertilizer, lime, ground limestone, marl, or other materials to enrich, neutralize, or condition land in farming. Students will gain knowledge on the process of utilizing the tax deduction, when the tax deduction can be applied, who can use the deduction, and how the deduction will affect buyer’s perspective on land values. Additionally, students will learn how to apply an adjustment to sales were the buyer has indicated they based buying decision on utilizing this deduction.

How Soil Health, Carbon and Crop/Soil Productivity Can Impact Value
Speaker: Anthony Bly

This seminar will discuss how various farming practices such as no-till, minimal till, and conventional tillage affects soil health, carbon, and crop productivity and how these practices can affect land values and rental rates. The purpose of the seminar is to increase the appraiser’s knowledge and competency in appraising rural properties.

Land Values and Rent Trends
Speaker: Jack Davis

This seminar will discuss the most recent South Dakota Agricultural Land Market Trends as reported by South Dakota State University. The South Dakota Agricultural Land Market Trends is an annual publication of surveyed data from across South Dakota. The report includes discussion of factors influencing buyer/seller decisions and positive/negative factors impacting farmland markets.

AFTERNOON SESSION

Rural Land Appraisal Adjustments – Made Easy
Speaker: John Widdoss, ARA, MAI

New concepts regarding land mix will be introduced and thoroughly explained and demonstrations of new processes will be applied to various property types. Focus of the seminar will be on the equivalency ratio and how it applies to the land mix methodology.

The Morning and Afternoon sessions have been approved for CE from the SD Appraiser Certification Program and the SD Real Estate Commission.

About the Instructor:

MORNING SESSION PRESENTERS:
Three one-hour presentations
David N. Sasseville, Ph.D. and Tony Hagen with Land & Leaf Data Labs
Anthony Bly
Jack Davis

AFTERNOON SESSION PRESENTER:

John Widdoss, ARA, MAI, is a South Dakota-Certified General appraiser from Spearfish, SD.

ALL DAY - MORNING AND AFTERNOON SESSIONS

Wednesday All Day, January 15, 2020
Sign-In: 8:00 AM
Class: 8:30 AM to 4:30 PM
Lunch: 11:30 AM to 12:30 PM

Breaks and Lunch included

Member Price For ALL DAY - Both Sessions: $ 125
Non-Member Price for ALL DAY - Both Sessions: $ 150

After January 6, 2020, ADD $25

Location: Arrowwood Resort & Conference Center at Cedar Shore
Take Exit 260 from I-90 - follow W Hwy 16 to Shoreline Dr
605-734-6376

Dress in layers as the temperature in hotel classrooms is difficult to regulate.

Room block has been extended...
Contact Arrowwood Cedar Shore by December 31, 2019, for the room rate of $89.95 - 605-734-6376.

Call Bev Luke, 605-381-9415 or email: bkluke@rushmore.com if you have questions.