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Farmall & IHC Tractors Discussion Board

Re: Taxes and Tractors

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Posted by ralph on March 06, 2002 at 18:25:11 from (65.45.140.18):

In Reply to: Taxes and Tractors posted by Alabama on March 06, 2002 at 09:34:32:

Alabama: Do not forget taxes when selling. I've owned over 30 properties and some went up in value a lot over 10-20 years and unless you keep track of EVERY expense while you own it, you'll end up paying a lot more tax after selling then you should. Keep a log book and receipts.(yes,I know it's a pain to do book keeping but..) Good luck. R.

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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o ... [Read Article]

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