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<blockquote data-quote="Jalopy" data-source="post: 539454" data-attributes="member: 7856"><p>I would avoid this if possible.Way too many pitfalls in this situation. But since I do not know all of your extended family dynamics if you feel you must proceed, do a double lease. You lease his land at fair market value and then lease his cows at 25% of the calves to him and the balance of 75% to you. That way he gets compensated for his land and you get the calf income for your extra work. Get it written and signed and everyone can have a chance at being happier. Good luck and I hope it all works out okay.</p></blockquote><p></p>
[QUOTE="Jalopy, post: 539454, member: 7856"] I would avoid this if possible.Way too many pitfalls in this situation. But since I do not know all of your extended family dynamics if you feel you must proceed, do a double lease. You lease his land at fair market value and then lease his cows at 25% of the calves to him and the balance of 75% to you. That way he gets compensated for his land and you get the calf income for your extra work. Get it written and signed and everyone can have a chance at being happier. Good luck and I hope it all works out okay. [/QUOTE]
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