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<blockquote data-quote="Brute 23" data-source="post: 1831494" data-attributes="member: 6291"><p>You only get to depreciate the difference between the purchase and sale price, IF you sell the animal for less. </p><p></p><p>With a home raised heifers you wrote off all the expenses to raise her. It's a wash at best. </p><p></p><p>If any thing, you may end up lowering your taxes more retaining because you didn't show revenue for the cow and you got to write off the expenses to raise the heifer.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 1831494, member: 6291"] You only get to depreciate the difference between the purchase and sale price, IF you sell the animal for less. With a home raised heifers you wrote off all the expenses to raise her. It's a wash at best. If any thing, you may end up lowering your taxes more retaining because you didn't show revenue for the cow and you got to write off the expenses to raise the heifer. [/QUOTE]
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