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<blockquote data-quote="Nesikep" data-source="post: 1639480" data-attributes="member: 9096"><p>Don't know your specific tax laws, but around here's it's exactly the same of you keep a replacement or sell your heifers and buy replacements</p><p></p><p>If you sell the heifer, that's income they for the year she's sold.. if you buy the heifer, that's an expense the year she's bought, so if you sell and buy another one for the same price, the same year, you're not better off.</p><p></p><p>If the purchased one falls over dead, it doesn't matter, you've already written her off when you bought her and can't be expensed twice.. if the kept replacement falls over dead, she was never income, so she can't be expensed. Feed, salt, and the other cash costs are all expenses you can write off regardless.</p></blockquote><p></p>
[QUOTE="Nesikep, post: 1639480, member: 9096"] Don't know your specific tax laws, but around here's it's exactly the same of you keep a replacement or sell your heifers and buy replacements If you sell the heifer, that's income they for the year she's sold.. if you buy the heifer, that's an expense the year she's bought, so if you sell and buy another one for the same price, the same year, you're not better off. If the purchased one falls over dead, it doesn't matter, you've already written her off when you bought her and can't be expensed twice.. if the kept replacement falls over dead, she was never income, so she can't be expensed. Feed, salt, and the other cash costs are all expenses you can write off regardless. [/QUOTE]
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