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How do “farming partners” own higher dollar, depreciating equipment together?
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carlton
Posted 10/11/2021 19:16 (#9263923 - in reply to #9263861)
Subject: RE: How do “farming partners” own higher dollar, depreciating equipment together?


northwest IL Lee Co
My partner and I have half ownership in a few pieces of equipment. We split repairs right down the middle unless it is something that was caused by someone doing something dumb. He does pay me for use of my equipment for his acres. Worked fine for the past 12 yrs. Our acres are pretty similar.
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