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Sale or hold ‘em?
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<blockquote data-quote="TCRanch" data-source="post: 1768969" data-attributes="member: 24027"><p>Yesterday's market in southeast KS, not far from you and we're also in a severe drought. Don't count on rain anytime soon, as the forecast changes daily. Hay and cubes have gone way up, water is a precious commodity. Personally, I'd sell now instead of waiting for prices that may or may not go up and your resources are depleted. All that aside, would be a good idea to talk to your CPA. Do you need the income on this year's taxes or 2023? Or can you sell them in '22 and have them hold the check until '23.</p><p>[ATTACH=full]22236[/ATTACH]</p></blockquote><p></p>
[QUOTE="TCRanch, post: 1768969, member: 24027"] Yesterday's market in southeast KS, not far from you and we're also in a severe drought. Don't count on rain anytime soon, as the forecast changes daily. Hay and cubes have gone way up, water is a precious commodity. Personally, I'd sell now instead of waiting for prices that may or may not go up and your resources are depleted. All that aside, would be a good idea to talk to your CPA. Do you need the income on this year's taxes or 2023? Or can you sell them in '22 and have them hold the check until '23. [ATTACH type="full"]22236[/ATTACH] [/QUOTE]
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