Boone & Crockett - 1/28/2026 14:54 It dovetails into the discussion several days ago where i stated how to establish an "equipment retirement plan", totally tax free. would work similar to a traditional Ira, whereby the contributions are fully deductible, and convert to Roth in loss years tax free. win win. Only using your fully depriciated equipment line to provide lifetime income for an individual or married couple, guaranteed lifetime income. Couple ways of accomplishing the task, but either will provide the desired result, no tax on the sale, whether appreciated, or depreciated,doesnt matter. Individual farmer accounts is what i call them.