Posted by paul on December 26, 2011 at 18:57:11 from (66.44.133.10):
In Reply to: Re: OT tax question posted by LAA on December 26, 2011 at 18:38:27:
This, as many are saying.... Breeding stock is considered different than year to year cattle.
In farming, you have yearly costs, mid-term depreciation, long term depreciation , and assets that don't depreciate, all are treated slightly differently, their costs can often be used in taxes, but differently from each other.
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