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199 deal
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cows-n-crops
Posted 2/17/2018 12:58 (#6584579 - in reply to #6583956)
Subject: RE: 199 deal


NEMO
In Missouri I think it takes 12 farmers to start a Coop. So I'm looking for a few more people to get the LFC (La Plata Farmers Coop) going. The LFC will hopefully only charge a penny a bushel to sell through it. Would you give up a penny a bushel to have the potential for $2 bushel tax deduction (20% of $10/bushel bean)?

Do you want in on the LFC Jon? Several details to work out, but the risk/reward could be HUGE if the tax bill doesn't get changed.

I'm only half joking. I need to do some more research for starting a Coop. If I could find a good secretary I'd be a little more serious. I have some of the infrastructure in place to make one work.

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