The majority of ranches in southern New Mexico are a mixture of Federal, State and private land.  The Federal Land lease is an inheritable right and ownership must be transferred from owner to owner.  We have seen this permit nearly double in value in the last ten years still making New Mexico one of the best economical land investment operations in the nation.  Together with the ideal climate, and low operational costs,  New Mexico is a viable choice when considering a purchase of a new ranch.

     Most of our ranches have a large depreciable base that can be used to your advantage over a certain number of years.

Federal land lease fees for the year of 2007 are $1.35 aum.  An animal unit month consists of one cow and calf up to six months old or one horse, or five sheep.   The fee is set \by the US Congress using the last year’s livestock market data to calculate the current years amount.  The fee for 2006 was $1.56 aum.