Posted by JRSutton on April 04, 2012 at 13:07:51 from (75.130.109.233):
In Reply to: Re: Cash sale posted by LAA on April 04, 2012 at 07:51:17:
Right - and to use an round number if you're paying 20% taxes, that's 2000.00.
So you buy a 10,000 baler with no deduction, it costs 10,000.
If yoy buy a 10,000 baler with the deduction it only costs you 8,000.
So for a $10,000 baler that you can't deduct, I'd only offer 8000. Or pretty close to it.
And that was my point - just offer what you really want to end up paying for it, and forget HIS tax situation.
Other factors obviously come into play - maybe the price is real low for what it is - if it's a $15,000 baler and he's offering it for 10,000 - You're saving $5000 - and losing 2000 by not being able to deduct it - but you'd still come out 3000 ahead in that deal.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.