I'm gonna sound like a real mean guy here, but the nature of my job is such that I sit in an office 3-4 months of the year and hear people's sad stories while I compile a tax return for them. Some have REALLY terrible stories. Some just are whiners who cannot deal with life. I'm just going to tell you that if you are moping around like this because you turned 40...and don't kid yourself, you are...then you are ill prepared for your 50's. Upset because a BTO took your field? Well guess what? That is what they are all about. BTO can also mean Big Time Overhead and they need to be aggressive about finding and keeping land. I am a small guy and most of the BTO's around me won't even waive as they drive by in their house sized tractors. They would like nothing better than to see me throw in the towel. I'm also quite a bit older than you and feel like having an auction most every day. I also have kids and I involved them in every aspect of what I do and made it fun for them. I can tell they would like to do more, but I want them to get professions of their own so they can enjoy the farm free of financial worries. If I were you, I would at a minimum keep the equipment to work the small acreage you own and enjoy it. If you are still wanting to sell off a bunch of equipment or quit entirely there is a better tax path. You may want to give your tax person a bit of a push on the topic see can they help you out.
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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