ne il | coup - 11/29/2015 06:59
Lets look @ this way, can buy three 3000 gal poly fert storage tanks for around $4000. Will hold two semi loads or about 50 ton.
$4,000 less 30% income tax savings = $2800.
@ $10 ton savings = $500 or about 18% ROI .
$20 ton = $1,000 or about 36% ROI.
Best get on the phone and get your tanks bought. Don't know about Iowa regs and on farm storage rules. But in ILL as long as the storage tank is less than 5000 gal on farm storage is exempt.
Can you elaborate more on illinois regulations for storing 28%,32%? Tank sizes? And length of time it can be stored on farm. I have been told their is a 2 month free time in storing on farm. |