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How do y'all do it?
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<blockquote data-quote="Brute 23" data-source="post: 744099" data-attributes="member: 6291"><p>The people I work for seperate out cattle and land. Not sure the exact numbers but real estate on average grows like 3%. It can be higher in some areas but over the long term its around 3%. That is an ivestment in itself aside from the cattle. Any time you own real estate you have upkeep such as perimeter fencing, water, ect. Improved grass, additional water, pins, manicured trees, ect all add value to the land so that can go against the land. </p><p></p><p>Then when it comes to cattle you have to decide if you want to operate them as cash income or an asset. Squeeze chutes, labor, cattle trailers, ect all go against the cattle.</p><p></p><p>Sit down with an accountant or financial advisor and start drawing your lines in the sand. When this is clear it makes it alot easier to decided how to "value" items such as pins, chutes, equipment, internal fencing, ect.</p><p></p><p>When we went into this down turn alot of people thought land would become dirt cheep. Its actually held it there pretty good because so many people pulled money from the stock market and put it into land, especially large tracks.</p></blockquote><p></p>
[QUOTE="Brute 23, post: 744099, member: 6291"] The people I work for seperate out cattle and land. Not sure the exact numbers but real estate on average grows like 3%. It can be higher in some areas but over the long term its around 3%. That is an ivestment in itself aside from the cattle. Any time you own real estate you have upkeep such as perimeter fencing, water, ect. Improved grass, additional water, pins, manicured trees, ect all add value to the land so that can go against the land. Then when it comes to cattle you have to decide if you want to operate them as cash income or an asset. Squeeze chutes, labor, cattle trailers, ect all go against the cattle. Sit down with an accountant or financial advisor and start drawing your lines in the sand. When this is clear it makes it alot easier to decided how to "value" items such as pins, chutes, equipment, internal fencing, ect. When we went into this down turn alot of people thought land would become dirt cheep. Its actually held it there pretty good because so many people pulled money from the stock market and put it into land, especially large tracks. [/QUOTE]
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