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How do “farming partners” own higher dollar, depreciating equipment together?
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bsfarms
Posted 10/12/2021 16:49 (#9265382 - in reply to #9264190)
Subject: RE: How do “farming partners” own higher dollar, depreciating equipment together?



south central WI
JDSWMO - 10/11/2021 19:54

$20 an acre for 1200 acres would make a payment on a nice combine. Keep working together just start buying your own equipment.


If he bought it with his dad, he wouldn't be really paying $20/acre. That money would be going toward paying for the combine they owned. Anything extra could be either kept in the account for future purchase or returned to the owners.
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