Farm Use

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ZebuBull
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Farm Use

Postby ZebuBull » Tue Aug 08, 2017 7:20 pm

Ok have a question.My land bank says farm loans available on farm equipment. Now if you buy a Street Stock / Race Car for farm use and use it on the farm as say farm truck or ATV.Allowed to do the 179 deduction?Drive it to mailbox check the mail or go feed the cows.
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Rafter S
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Re: Farm Use

Postby Rafter S » Wed Aug 09, 2017 8:09 am

You forgot going to the feed store to get 1/2 ton of feed.
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dun
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Re: Farm Use

Postby dun » Wed Aug 09, 2017 8:22 am

Clever idea. I wonder if I could get a Ford GT (GT40) classified as a farm vehicle.
Image
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M-5
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Re: Farm Use

Postby M-5 » Wed Aug 09, 2017 8:28 am

just paint the farm name on the side
and your set
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slick4591
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Re: Farm Use

Postby slick4591 » Wed Aug 09, 2017 8:57 am

M-5 wrote:just paint the farm name on the side
and your set


Farm advertisement right there.
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Re: Farm Use

Postby ALACOWMAN » Wed Aug 09, 2017 10:11 am

dun wrote:Clever idea. I wonder if I could get a Ford GT (GT40) classified as a farm vehicle.
Image

Love those car's...although you could buy a farm and have money left over for what one cost
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True Grit Farms
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Re: Farm Use

Postby True Grit Farms » Wed Aug 09, 2017 10:22 am

Image

Works great for keeping the DOT off your case also. As a "commercial fishermen" anything commercial is bad when dealing with the DOT a holes.
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Re: Farm Use

Postby callmefence » Wed Aug 09, 2017 10:58 am

You can also go to the doctor, grocery store, church, take the kids to school.
Once a year for vacation.

What you can't do is use it for transportation for any other form of income.
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dun
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Re: Farm Use

Postby dun » Wed Aug 09, 2017 2:29 pm

ALACOWMAN wrote:
dun wrote:Clever idea. I wonder if I could get a Ford GT (GT40) classified as a farm vehicle.
Image

Love those car's...although you could buy a farm and have money left over for what one cost

The original was the sexiest car ever. Still is today!
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greybeard
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Re: Farm Use

Postby greybeard » Fri Aug 11, 2017 7:45 am

dun wrote:Clever idea. I wonder if I could get a Ford GT (GT40) classified as a farm vehicle.
Image

Can you get a trailer hitch on one?
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hurleyjd
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Re: Farm Use

Postby hurleyjd » Fri Aug 11, 2017 8:06 am

I saw a photo in one of the magazines that I subscribed to several years ago. In this photo was taken of a livestock swap or farmers meeting to trade.There were a lot of Mercedes with a stock trailer attached.
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Rafter S
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Re: Farm Use

Postby Rafter S » Fri Aug 11, 2017 8:12 am

That reminds me of about 35 years ago I was going down the highway and happened to glance at a house close to the road, with a car parked in the driveway. It was a great big 4 wheel drive chassis, with an old red Corvette body sitting on top of it.
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greybeard
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Re: Farm Use

Postby greybeard » Fri Aug 11, 2017 8:42 am

hurleyjd wrote:I saw a photo in one of the magazines that I subscribed to several years ago. In this photo was taken of a livestock swap or farmers meeting to trade.There were a lot of Mercedes with a stock trailer attached.


45 years ago, I did it to pull a bass boat.


Image
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Re: Farm Use

Postby D2Cat » Fri Aug 11, 2017 5:39 pm

You ought to put that in the photo contest!
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Re: Farm Use

Postby greybeard » Fri Aug 11, 2017 10:08 pm

D2Cat wrote:You ought to put that in the photo contest!

No, not this one.
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