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The Avidity Capital
Resource Library

Plain-spoken, deeply researched reading for Central Valley farming families working through the decisions that matter most — farmland transitions, estate planning, tax strategy, and what comes next.

Written by a fiduciary adviser No sales pitch embedded Built for California farm families

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Aerial view of California Central Valley farmland Guide

The California Farmland 1031 Exchange Guide

The five rules, the California-specific traps — FTB Form 3840 clawback, 3.33% withholding, Williamson Act transfers, SGMA water rights — and the 12–24 month planning window that makes the difference.

12-min read Read the guide
Farm family walking through an almond orchard Essay

The Cost of Waiting

Prop 19's quiet end of the family-farm exclusion, SGMA groundwater pressure, the shrinking federal estate exemption, and what your menu actually looks like with ten years of runway versus six months.

10-min read Read the essay
Three generations of a farm family in an orchard Guide

Keeping the Farm: What That Actually Looks Like

A clear-eyed look at what holding the land actually requires — legally, financially, and generationally. The conditions that favor it, the ones that don't, and the 20-year math compared to selling.

9-min read Read the guide
Financial planning meeting for a farm family Framework

Investment Solutions After a Farmland Sale

Once the decision to sell is made, what comes next? A framework for evaluating DSTs, NNN leases, installment sales, Qualified Opportunity Zones, charitable trusts, and managed portfolios — with no product-pushing.

9-min read Read the framework
Adviser shaking hands with a farm family in the field How We Work

Our Process: The Quarterback Model

How we coordinate CPAs, attorneys, qualified intermediaries, agricultural brokers, and real estate partners around a single unified plan — so you're not project-managing your own professional team.

7-min read Read about our process
Aerial view of San Joaquin Valley row crops Article · New
California Tax · 1031 Exchange

FTB Form 3840: What Happens When You 1031 California Farmland Out of State

California has a long memory. When you exchange Central Valley ground for out-of-state replacement property, the state tracks the deferred tax indefinitely — and the annual filing obligation can follow your heirs for decades if it's not managed correctly.

6-min read Read the article
Adviser reviewing closing documents with a farm family Article · New
California Tax · Escrow

California’s 3⅓% Real Estate Withholding on Farmland Sales: A Prepayment, Not a Tax

Escrow holds back 3⅓% of the sale price and sends it to the state before the seller sees a dollar. Most families read that as a tax. It isn’t — and the Form 593 elections that come with it can keep six figures in the family’s hands at close.

5-min read Read the article
Central Valley cattle ranch at sunset Coming Soon
Article · Estate Planning

Prop 19 and the California Farm Family: What Changed and What to Do Now

How the 2020 ballot measure eliminated the parent-child property tax exclusion that protected most inherited farms — and the planning strategies that still exist for families who act before a transfer happens.

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Farm family walking through a Central Valley orchard Article · New
1031 Exchange · Land Use

1031 Exchanges and Williamson Act Contracts: What Transfers, What Doesn’t, and Where Families Get Surprised

A Williamson Act contract runs with the land — so a 1031 exchange of farmland usually carries it right along. The trouble starts when the new use doesn’t fit. What Central Valley families should understand before structuring an exchange.

7-min read Read the article
Adviser in conversation with a farm family Coming Soon
Article · Estate Planning

The $15 Million Question: Federal Estate Tax, the One Big Beautiful Bill, and What Central Valley Farm Families Need to Know

The July 2025 tax legislation made the higher exemption permanent — but many San Joaquin Valley farms still exceed it when land, equipment, water rights, and other assets are totaled. What the math looks like and how families are planning around it.

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A Letter Series for Families

Eleven Questions to Ask
Before You Sell the Land

Short, plainspoken letters we wrote for our own families. Eleven questions on taxes, timing, family, and the land itself — written in plain language. We send the series once. No follow-ups unless you ask.

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Important Disclosures

Regulatory Disclosure: Avidity Capital Inc. is a California-registered investment adviser (CRD# 312745). Registration does not imply a certain level of skill or training. For firm background information, visit adviserinfo.sec.gov/firm/summary/312745.

Educational Purpose: All content on this page and linked resources is provided for educational purposes only and does not constitute investment, tax, or legal advice. The information is not a solicitation or an offer to buy or sell any security. Consult your CPA, estate attorney, and financial adviser before making any decisions.

No Commission Disclosure: Avidity Capital Inc. is compensated solely by advisory fees paid directly by clients. The firm does not receive commissions, referral fees, or revenue-sharing payments from sponsors, issuers, broker-dealers, or product providers.