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What to do with cash
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guypatrick
Posted 8/16/2017 21:29 (#6191865 - in reply to #6191772)
Subject: Other thoughts


North central, IA
If you have any kind of an operating note or any machinery debt pay them off.

If you can pay ahead on next year's expenses and reduce your current income tax do it. Used the money you saved on income taxes to get further ahead. Worry about the tax burden at the end of your farming career when you can afford it.

If you can buy an existing bin site or build a bin on rented, leased, borrowed or stolen ground do it.
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