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PFI

Posted 12/17/2014 11:18 (#4246556 - in reply to #4246536)
Subject: RE: For White Shadow---- re incorporation

so I take it you just receive grain or livestock from the corp?

so when you sell it does it become ordinary income or does it become a distinction of short term and long term capital gain?

For White Shadow---- re incorporation - jakescia : 12/17/2014 09:52
- RE: For White Shadow---- re incorporation - white shadow : 12/17/2014 10:06
- RE: For White Shadow---- re incorporation - PFI : 12/17/2014 10:14
- You are hired......NT - usafarmer : 12/17/2014 10:27
  - Thanks but no thanks. We have not taken on new continuing clients for several years......'cause I'm - jakescia : 12/17/2014 11:00
    - Kinda like farmin though Jake,,,,,,,,,,, - thekcirp : 12/17/2014 11:09
- RE: For White Shadow---- re incorporation - Wile e coyote : 12/17/2014 11:06
  - RE: For White Shadow---- re incorporation - PFI : 12/17/2014 11:18
    - RE: For White Shadow---- re incorporation - Wile e coyote : 12/17/2014 11:44
  - It was an error to sell that residential house to the corp....... - jakescia : 12/17/2014 11:21
    - RE: It was an error to sell that residential house to the corp....... - Wile e coyote : 12/17/2014 11:31
      - RE: It was an error to sell that residential house to the corp....... - jakescia : 12/17/2014 11:52
        
        RE: It was an error to sell that residential house to the corp....... - Wile e coyote : 12/17/2014 12:13
- RE: For White Shadow---- re incorporation - Brady NWMN : 12/17/2014 18:57
  - RE: For White Shadow---- re incorporation - jakescia : 12/18/2014 19:25
    - RE: For White Shadow---- re incorporation - Brady NWMN : 12/18/2014 21:00
- RE: Don't see that kind of tax savings with a C corp - coup : 12/17/2014 19:27
  - RE: Don't see that kind of tax savings with a C corp - sed : 12/17/2014 19:58
  - RE: I'm with coup - thor : 12/18/2014 09:29
- RE: For White Shadow---- re incorporation - sed : 12/17/2014 20:10
  - That describes the environment of the busines of farming, but is not a reason for giving taxes to DC - jakescia : 12/18/2014 19:32
    - Health ins. Question - MGF : 12/18/2014 21:33
      - My tax guru addressed that issue today....... - jakescia : 12/18/2014 23:18
        
        RE: My tax guru addressed that issue today....... - MGF : 12/19/2014 06:39

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