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 - Uncle Cecil's Super A Lives Again - by Mike Purcell. A week or so out of most of my childhood summers was often spent with my Uncle Cecil and Aunt Sissie in the small East Texas town of Maydelle on their 80 acre farm. Some of my fondest memories of these visits are those of learning to drive a tractor at the helm of Uncle Cecil’s 1948 Farmall Super A. Uncle Cecil was the second owner of this wonderful little tractor, but it was almost as though he had adopted an infant. The original owner was a man from Minnesota who bought her from a local dea
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