Posted 12/13/2017 09:38 (#6425946 - in reply to #6425937) Subject: RE: Debt repayments, P+I as a % of gross income - ? for crop farms
NC Iowa
I answered, I said: PVA- I think going off a % of net income would give a better idea. Gross means nothing.
I'm at 14% of gross and it's hard to imagine being anymore, and that includes wifes income, a side business and being a low cost producer. I'm intrigued not cynical.