Posted 5/15/2025 21:49 (#11226227 - in reply to #11225536) Subject: RE: Corn planter arrangement. Opinion if fair to both parties.
Illinois
ihmanky - 5/15/2025 08:41
If he's been farming less than 10 years, sounds like he would be just as well off to go to FSA and get a beginning farmer loan at half the interest and pay for quite a bit of the annual payment with what you pay him. You say you sold some land and could use the tax break, I'm just not seeing much tax benefit for you for your troubles on a $20,000 planter purchase unless you just sold 5 acres or so.
I like this idea. If something happens it doesn’t mess up relationships between neighbors
Corn planter arrangement. Opinion if fair to both parties.
