BeefmasterB
Well-known member
dun":2rmej23x said:You can only depreicate them if you bought them not raised them. I suppose you could sell them to your wife (sale) and buy them back (depreciatable).BeefmasterB":2rmej23x said:I think you simply asses a fair market value to the retained heifers and then depreciate as any other cow.
Or have two dba's.? Sell from one to the other. Your absolutely right; I stand corrected, you cannot depreciate a heifer you raised. Fred's benefit in keeping the 10 heifers would be the money saved from not having to purchase 10 and also knowing exactly what he has in the quality of the heifers he raised.