I am in the trouble you dicribe. My brother and I both want to take over Dad"s farm. Both of us work in town and help out on the farm when ever possible but niether of us have the capital to buy any of dads equipment or land. We have been to a few land auctions and it has just been to much for us to afford. 9000-12000 an acre Dad is getting ready to retire and does not want to take on any big debt. After a long discusion with the tax man this is what he proposed. Dad puts his farm into a corperation and my brother and I buy shares untill Dad has been bought out of shares. Operating capital stays in the corperation and dividends are paid to share holders.
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Today's Featured Article - Box Plow Blues - by Tom Schwarz. One of the first implements most tractor owners obtain is the box plow. For very little money, this piece of equipment promises to plow and flatten any hill or vale on your ranch road or farm. At least that's what I thought! As simple as a box plow appears, it can be rather challenging to make work correctly. In our sandy soils of Florida, traction is king. You can never have wide enough tires or heavy enough weights to get all the traction you want � unless you own a monster tractor. U
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