If he raised the calf the only tax write off is the cost of raising the calf until it died, for a not yet weaned calf this would largely amount to only the cost of keeping his mother for a year plus depreciation on his mother, both deductions he would get anyway. If he bought the calf he can show a loss on the sale but by no stretch of the imagination would the resultant tax savings pay for the animal.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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