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<blockquote data-quote="SBMF 2015" data-source="post: 1624914" data-attributes="member: 39695"><p>I have a similar deal with a land lord. I wrote the agreement. It's a five year deal. </p><p>I provide all the labor and inputs, but no rent on the pasture. The first year I get 20% of the calf check, and 20% salvage value in the cows. Year two it jumps to 40%. Year three it goes to 60%, but I start paying a % of the pasture rent. The fourth year I get 80%, and by the end of five years I will own his herd 100%. </p><p>I didn't have to barrow any money to buy them. No interest, and my land lord doesn't have to pay capital gains.</p></blockquote><p></p>
[QUOTE="SBMF 2015, post: 1624914, member: 39695"] I have a similar deal with a land lord. I wrote the agreement. It's a five year deal. I provide all the labor and inputs, but no rent on the pasture. The first year I get 20% of the calf check, and 20% salvage value in the cows. Year two it jumps to 40%. Year three it goes to 60%, but I start paying a % of the pasture rent. The fourth year I get 80%, and by the end of five years I will own his herd 100%. I didn't have to barrow any money to buy them. No interest, and my land lord doesn't have to pay capital gains. [/QUOTE]
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