He is at my Sister in laws and I think it was 4 months but it could have been 2. The point is when it got to the sale weight it should have brought $ 550 or so money. So why cant she write off the $ 550 minus minerals and shots.The grass and Momma's milk is free.
Thanks for all the responses.
I find it hard to believe i can't write off the weaning sell price of $550. The only cost I would have: calf on momma's milk, grass and shots.
We have a 4 month old calf that was killed by a coyote. My question is how much will the IRS let me right off at the end of year. Also what proof will they need if any?
I was reading an article about supplementing grass fed stockers and they said Soyblocks were the best choice. I live in Fl. and can not find and store that carry these. Anybody heard of them?
It is sad to say but the cattle business needs to be just a hobby. I do not think anyone can make a decent living unless you are quite large. I get the fat paycheck each week from my day job and spend time with my cattle on the weekends for therapy. Yea sure I would like to do this full time but...
Go to an auction page and checked the buy weight and then the sell weight. It is humanly impossible to make $ 300 per steer. I also have researched this idea and maybe you can gross $ 150 per head minus minerals, Lease payment, Vacinations etc. I do not want to bust your bubble but I also have...