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Coffee Shop
Cost of keeping a cow
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<blockquote data-quote="plumber_greg" data-source="post: 1400447" data-attributes="member: 9115"><p>There is a billon answers to that.</p><p>Cost of business is different for everyone. </p><p>My farm and cows are paid for, mostly from other sources, which makes my return on my investment different from others.</p><p>No interest on my investment makes a big difference. </p><p>Is my $40,000 machine shed, raising my chicken, quail, and pheasants, storing my tractor and the little machinery I own charged to my cows, or to my plumbing business? Or maybe it should be charged to my salary. It's all a tax deduction, charged to the most desirable spot for me.</p><p>I'm a money person. What does it cost to get more?</p><p>My cows and farm are a tax write off. Write offs don't mean I want to lose money. It means I want deprecation to lower my tax hit.</p><p>My cost has to be calculated including the tax implications.</p><p>My accountant says my cost of the cows is $230 per head of calves sold.</p><p>Most people can't raise a calf for that. But for me, that is the cost.</p><p>That's why most cow herds is the U.S are less than 30 head</p></blockquote><p></p>
[QUOTE="plumber_greg, post: 1400447, member: 9115"] There is a billon answers to that. Cost of business is different for everyone. My farm and cows are paid for, mostly from other sources, which makes my return on my investment different from others. No interest on my investment makes a big difference. Is my $40,000 machine shed, raising my chicken, quail, and pheasants, storing my tractor and the little machinery I own charged to my cows, or to my plumbing business? Or maybe it should be charged to my salary. It's all a tax deduction, charged to the most desirable spot for me. I'm a money person. What does it cost to get more? My cows and farm are a tax write off. Write offs don't mean I want to lose money. It means I want deprecation to lower my tax hit. My cost has to be calculated including the tax implications. My accountant says my cost of the cows is $230 per head of calves sold. Most people can't raise a calf for that. But for me, that is the cost. That's why most cow herds is the U.S are less than 30 head [/QUOTE]
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