Re: Land Rent on 1/3's, what am I missing.

Posted by MSD on December 11, 2011 at 21:45:34 from (71.32.37.229):

In Reply to: Land Rent on 1/3's, what am I missing. posted by G.Fields on December 11, 2011 at 07:58:45:

I do shares on a 40 acre piece I have. I get 1/3, renter gets 2/3's. I never see any expense sheet so don't know if he takes some of the grain to cover my expenses or not. Bad part about shares is you are at the mercy of your renter. I can't drive the 100 miles where my land is to sit and watch what is harvested. To many times when prices were good, the 1/3 share comes real close to what the cash rent would be on the low side. Always seems to take to long for him to figure my share also. Oh, did I say my brother is my renter!

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