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How do “farming partners” own higher dollar, depreciating equipment together?
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IH4186
Posted 10/12/2021 13:47 (#9265200 - in reply to #9263861)
Subject: RE: How do “farming partners” own higher dollar, depreciating equipment together?



Clarke Co, Iowa
Thinking long term the younger person should be doing all the buying on high priced purchases. both land and equipment. That way no problems with the value of property or equipment when the older partner retires or dies. Siblings that had nothing to do with the operation for the last 30 years may want an equal share of the estate.
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