Most tax efficient way of farming land as a land owner?

[glasshouse]

View attachment 883028
If we can make it to $600k each the bank will stump the rest. Only $61k a month payment.
A couple of good years on the spuds and we will be in high cotton.

Only ten percent down?

 

[Roger Perry]

that was just a calculator from the Stefan & co website. I’m sure we could do better than that.
How are the potato plantings looking in Colorado this year? I have friends in Washington that have been ripping up spuds to plant wheat because Lamb Wesson are cancelling contracts.

Its' been an earlier spring, a lot of spuds are up and away in good shape.
Not heard of issues, as you know a lot from this area go for seed, the fresh market is all points east..........on average 100 semi trucks per day plus daily rail cars.............lot of spuds'

 

[Roger Perry]

It’s amazing how linked all the agg business in the Western states is. Over such a vast area.

Yep, aint that the truth

 

[oil barron]

Only ten percent down?

yes. But you have to pay an insurance premium for it to the bank.

 

[Roger Perry]

yes. But you have to pay an insurance premium for it to the bank.

Not ever done that myself, maybe because its' only 10%..?

 

[kiwi pom]

May not be the best time to buy. A lot of seed spuds getting dumped or processed round the world at the moment

 

[oil barron]

May not be the best time to buy. A lot of seed spuds getting dumped or processed round the world at the moment

good time to get a Cheep business and build market share then ?

 

[Roger Perry]

good time to get a Cheep business and build market share then ?

Absolutely, fortunes are made in times such as these.

 

[oil barron]

Absolutely, fortunes are made in times such as these.

Scared money don’t make money.

 

[glasshouse]

yes. But you have to pay an insurance premium for it to the bank.

£100k insurance every year?

 

[kiwi pom]

good time to get a Cheep business and build market share then ?

Go nuts Not exactly in my price bracket.