AgTalk Home
AgTalk Home
Search Forums | Classifieds (4) | Skins | Language
You are logged in as a guest. ( logon | register )

How do “farming partners” own higher dollar, depreciating equipment together?
View previous thread :: View next thread
   Forums List -> AgTalk CafeMessage format
 
Pvafarm
Posted 10/11/2021 19:37 (#9263967 - in reply to #9263893)
Subject: RE: How do “farming partners” own higher dollar, depreciating equipment together?


Southeast WI
This is basically what we did when our acres were similar. The "company" owned equipment but did not "farm". Machinery was purchased by the machinery holding company, we set an acre rate on each piece and you paid for what you used. At the end of the year we kept some money in the company to pay bills and if anything was left we distributed it 3 ways. Worked reasonably well to get me started owning machinery but as my acreage tripled what the other partners had it made more sense after awhile to buy equipment on my own.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)