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How do “farming partners” own higher dollar, depreciating equipment together?
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Steigermorepower
Posted 10/12/2021 05:56 (#9264528 - in reply to #9264512)
Subject: RE: How do “farming partners” own higher dollar, depreciating equipment together?


redoak - 10/12/2021 05:41

IDK , do kids really pay Fathers for use of machinery**********

So many different financial situations that no one answer will work for all....Some parents want there kids to 'suffer' like they did and others want to help next generation.....And some kids are good and some not so much


It’s all about opportunity.
As a family it should be about raising all boats when that opportunity knocks.

Asking the question from a tax/law sort of way is good to save money.

Bit if someone is keeping strict records.
Run amd run very very very fast.

Negotiationating(fancy spelling) with the local grocery delivery guy because he pulls the strings is another consideration.

Been my experience when there’s money.
Everyone comes out of the wood work.

Usally people only know half truths.

That there law fellur needs to look into waivers.
Big rolly coaster ride place shut down because of kid left coaster. They had insurance.

Basically character.
Your only being used until you bring more to table.
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