Posted by Eldon (WA) on March 24, 2014 at 07:57:00 from (98.225.11.231):
In Reply to: More on Cash Rents posted by Traditional Farmer on March 24, 2014 at 05:39:13:
Quoting Removed, click Modern View to see
I have thought of selling, but by renting I can write off two trips back to the farm a year which helps on my taxes. Also, the capital gains taxes would eat up a bunch, so we probably won't sell unless we have to.
BTW, this is not what I would consider family land. We bought it from a neighbor in 1990, my sister bought the other chunk a little later as an investment, then sold it to my brother. My parents still live on the home farm 4 miles down the road. Dad raised 14 kids on a quarter of land he owned, and 3-4 quarters that he rented. We all got a set of luggage for graduation...2 brothers returned home after college to farm.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
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]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.