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My Yearly Cattle costs are 55 cents/day/cow in Texas, What am I doing wrong?
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<blockquote data-quote="TexasRancher" data-source="post: 1728492" data-attributes="member: 8359"><p>ahahah, property taxes on this are a whopping $185./year. The truth is...(I don't need to make a profit) I don't roll in all the overhead costs (but i like to keep those receipts for my Schedule F)...I only track real cattle costs on what goes into the cows mouth, on their skin and under their skin. Barb-wire and gates are long-term improvement land items used for years.</p><p>If I wanted too I could unroll the hay by hand (pushing it, i'm THAT strong)...and have done so before many times...but I've found they boop on it less if it's stacked up-contained. Afterwards, I can kick down and spread a small leftover pile, into a wide thin mulching layer in 5 minutes...great leg workout!! No gym membership needed. Having fun unloading...executing the bail drop with my 1989 GMC Sierra...$1,000. truck...i just keep putting in those common used 350 motors and rebuild my two extra 700-R4 Transmissions when needed. My money is in the bank not on the land. However, I'm double road corner side land 18 minutes from Dallas....i don't know how much longer i can FEND-OFF the hostile buyers. Money is a hot potato right now....useless to me, dangerous. That's why everyone, even Bill Gates, is trying to unload their money to buy your land.</p></blockquote><p></p>
[QUOTE="TexasRancher, post: 1728492, member: 8359"] ahahah, property taxes on this are a whopping $185./year. The truth is...(I don't need to make a profit) I don't roll in all the overhead costs (but i like to keep those receipts for my Schedule F)...I only track real cattle costs on what goes into the cows mouth, on their skin and under their skin. Barb-wire and gates are long-term improvement land items used for years. If I wanted too I could unroll the hay by hand (pushing it, i'm THAT strong)...and have done so before many times...but I've found they boop on it less if it's stacked up-contained. Afterwards, I can kick down and spread a small leftover pile, into a wide thin mulching layer in 5 minutes...great leg workout!! No gym membership needed. Having fun unloading...executing the bail drop with my 1989 GMC Sierra...$1,000. truck...i just keep putting in those common used 350 motors and rebuild my two extra 700-R4 Transmissions when needed. My money is in the bank not on the land. However, I'm double road corner side land 18 minutes from Dallas....i don't know how much longer i can FEND-OFF the hostile buyers. Money is a hot potato right now....useless to me, dangerous. That's why everyone, even Bill Gates, is trying to unload their money to buy your land. [/QUOTE]
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My Yearly Cattle costs are 55 cents/day/cow in Texas, What am I doing wrong?
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