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If you didn't replace equipment lately, when would you?
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praire dog
Posted 1/18/2016 07:54 (#5044219 - in reply to #5044202)
Subject: RE: If you didn't replace equipment lately, when would you?


West Central Ill.
I bought my dads old stuff when he quit on 10 year lease to own have been updating when I need but those good years allowed me to trade 4 wheel drive get a new combine, planter, and magnum and pay cash diff on all the trades but still owe the orriginal amount to my dad! Now going into crap times with new stuff don't have to buy any for several years. I grossed 1.5 million on a couple years with 650,000 in expenses. No way was I going to give Barry o the taxes on that so I put it in equipment and still put decent cash in the bank!
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