Posted by MarkB_MI on March 25, 2014 at 02:27:19 from (75.219.172.97):
In Reply to: Re: More on Cash Rents posted by Nathan (SD) on March 24, 2014 at 20:23:57:
Nathan, I'm glad you're not my accountant or investment counselor.
What Eldon actually paid for his property is mostly irrelevant. (I have to say "mostly", because the purchase price affects his capital gains tax should he sell the property.) Likewise it doesn't make much difference if he paid cash or not. (If the property isn't paid off, then the interest he's paying on the note becomes a factor.) Another thing that isn't relevant is how much he's received in rent from his brother. That's all in the past and can't be changed.
What does matter is the net value of his property should he sell it, and potential income of that money reinvested. It also matters what the future rent will be if he keeps the property. A less tangible thing is how much he wants to maintain peace and harmony in the family.
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 - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
... [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.
