I deposit large sums all the time. The bank has to fill out a form on everything over 10k.. I just tell them that I sold a tractor, which is true... Next week i sell one for 8k, that goes in too. Some times its two tractors and lots of dough goes in. sometimes its a small piece of equipment for $300. You dont need to fear it if it is actual business and you have paper work. Anything you hear otherwise is not norm as there are thousands of business that make weekly deposits in the 10s of thousands of dollars. You must have records. If you dont have records, you can get in a tight spot really quick with money laundering laws. I have withdrawals for all the equipment I buy and deposits for all the equipment I sale. But I do a "bill or sale", and a record in my books for my accountant and taxes.
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Today's Featured Article - Timing Your Magneto Ignition Tractor - by Chris Pratt. If you have done major engine work or restored your tractor, chances are you removed the magneto and spark plug wires and eventually reached the point where you had to put it all back together and make it run. On our first cosmetic restoration, not having a manual, we carefully marked the wires, taped the magneto in the position it came off, and were careful not to turn the engine over while we had these components off. We thought we could get by with this since the engine ran perfectly and would not need any internal work. After the cleanup and painting was done, we began reassembly and finally came to t
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1965 International Harvester McCormick Farmall cub tractor 2,500. Two owner tractor. My grandfather bought new in 1966, then we inherited it. Have all the paperwork original manual and all maintenance records. It starts and moves. Comes with underbelly mower, plough, and some other attachments.
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