The Sale of Two Farm Properties The client sold two farm properties. One was sold as part of a 1031 exchange, while the other was sold for $640K in a cash transaction. However, the client realized the cash sale of the second property would create a large tax issue. By doing a Simplified Structured Installment Sale, the client was able to take out of $50K in cash at the closing and do 5 annual installment payments beginning in January of the following year. This will reduce their taxes by an estimated $100,000 and allow them to access tax-free liquidity if needed via a pledge loan from First State Bank Nebraska.