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| There-in lies the problem of these broad surveys.
We all keep our books a little differently. My farm operation entity does not own land, it pays rent.
The decision to buy land is based on my personal books, the salary I pay myself plus the rent I collect from my farm operation.
If an opportunity arises, I might be apt to take a distribution from the farms retained earnings in order to make a down payment.
All of this to say, yes you are correct. | |
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Are you losing money at these prices?
