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Coffee Shop
Farm crossroads
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<blockquote data-quote="JW IN VA" data-source="post: 1420620" data-attributes="member: 21289"><p>We are making a small profit compared to what new equipment would cost. It would take years to pay for the equipment with what we make, even thought it is a nice yearly sum of "extra cash." </p><p></p><p>I guess I should clarify that when I said sell out, I meant sell farm and all. That would be a nice chunk of change. </p><p></p><p>You are correct, we are not depending on the income, and we are not in debt. So, does it make sense for us to invest anything more or just sell out while we are ahead? That's what we are pondering.</p></blockquote><p></p><p>Three words to think about: Capital Gains and Tax</p><p>[/QUOTE]</p>
[QUOTE="JW IN VA, post: 1420620, member: 21289"] We are making a small profit compared to what new equipment would cost. It would take years to pay for the equipment with what we make, even thought it is a nice yearly sum of "extra cash." I guess I should clarify that when I said sell out, I meant sell farm and all. That would be a nice chunk of change. You are correct, we are not depending on the income, and we are not in debt. So, does it make sense for us to invest anything more or just sell out while we are ahead? That's what we are pondering.[/quote] Three words to think about: Capital Gains and Tax [/QUOTE]
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