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<blockquote data-quote="Caustic Burno" data-source="post: 1553038" data-attributes="member: 694"><p>Y'all are ate up with spend 50K on a John Deere to save a few pennies on a 1040. You have less in the bank an another asset to upkeep.</p><p>It's a great deal if you need the assets a fools game if you don't.</p><p></p><p>It's only worth what you can liquidate it for today.</p><p>It's scrap wood and iron if you need cash right now.</p><p>Assets on the farm are nothing but a liability that has to be bought and upkept until you sell hopefully for a profit.</p><p>If you don't sell it all you have is a liability to take care of.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1553038, member: 694"] Y’all are ate up with spend 50K on a John Deere to save a few pennies on a 1040. You have less in the bank an another asset to upkeep. It’s a great deal if you need the assets a fools game if you don’t. It’s only worth what you can liquidate it for today. It’s scrap wood and iron if you need cash right now. Assets on the farm are nothing but a liability that has to be bought and upkept until you sell hopefully for a profit. If you don’t sell it all you have is a liability to take care of. [/QUOTE]
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