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| Talked to my tax man today and it looks like I'm sitting on a loss for the year. I still have corn to sell and he says I'd have to sell half of it to turn a profit. Now I'd like to keep the banker happy for when I have to buy more land in the future.
What would you do? Sell enough corn (at a price I done care for) and show a gain then pay taxes or take my loss?
I know I'm gonna talk to the banker about this, but what would you guys do? It's not all about tax returns when it comes to lending anymore. | |
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Paying taxes vs keeping the banker happy
