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nc ks | I agree too. Why not use the good times to really improve your position. Some things aren't best management practices even if you can afford them. If you are investing money in depriciable items that don't make more money for you than the depriciation, you are losing the war even though it seems like you are winning the present battle.
Living expenses are something you have to decide what is acceptable for yourself. Once you have that decided you need to pay income tax on that amount plus land payments most every year. If you are able do that you will insulate yourself from a lot of the pitfalls farmers get themselves into. | |
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Am I broke and don't know it.
