Posted by LAA on November 28, 2014 at 06:42:35 from (86.51.147.113):
Looks like the section 179 increase extension is still stalled in the Senate and will not come up in 2014 so buying equipment is not going to keep the tax man at bay this year. I hired some more land cleared and will buy a couple more loads of pipe fencing and invest in some registered Hereford cows, might as well buy purebred stock because commercial cows are just as expensive as registered, maybe get in the bull business, bulls are always in short supply in my area. Sure hope the new congress ups the section 179 for 2015, I want a new baler before I retire and it sure is nice to get a 40% discount.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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