Posted by LAA on July 10, 2017 at 02:00:45 from (5.42.251.38):
In Reply to: Re: Winter wheat. posted by JD Seller on July 09, 2017 at 20:32:59:
JD, no one can push the rents up past money making stage very long or they will soon break all the potential renters, I would not pursue any venture that did not at least pencil out. I don't follow your logic regarding the land cost, what advantage is there in calculating the rent you could have charged? Whether you generate dollars from rent income or crop profit it's all taxable.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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