Tractor Talk Discussion Board |
Re: Ideas on purchasing a farm
[ Expand ] [ View Follow Ups ] [ Post Followup ] [ Return to Forum ]
Posted by Ovil Winburn on December 11, 2003 at 12:46:13 from (64.12.96.236):
In Reply to: Ideas on purchasing a farm posted by JohnDeereBMan on December 09, 2003 at 21:12:01:
I don't want to pour cold water on your aspirations but you have a sttep hill to climb. Paying off a loan needed to purchase a farm at the present going rate in most places by producing agricultural products on the land is not feasable. USDA (web site) has loans for people like you but they do have limits and lots of qualifications. Sounds like you may be trying to help your family avoid some of the high capital gains taxes and so on, if so you may be able to arrive at some sort of lease purchase on part of your family farm. Check with a cpa. Move to Mexico, land is a little cheaper.
Follow Ups:
Home
| Forums
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
... [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]
Copyright © 1997-2025 Yesterday's Tractor Co. 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. Yesterday's Tractors - Antique Tractor HeadquartersWebsite Accessibility Policy |
|