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If I had a million dollars, I would just continue with my cow/ calf operation until it was all gone. It's a good tax write off. If I was really in it for the $$$ I would find something more profitable. You just gotta love doing it... if you happen to profit a little then that makes it all the better.
Florida cowgirl wrote:I have never understood " It's a tax Write off " If I start a cow/Calf business and lose money for a " Tax write off" I would eventually run out of money.
You are correct. I hear the write-off comment often. That equation is a losing proposition.
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