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Is it worth it financially?
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<blockquote data-quote="Ruark" data-source="post: 890970" data-attributes="member: 16279"><p>Another approach, given your situation, is to lease your land for grazing. Have somebody pay you some amount to graze their cattle there. Then you don't have to worry about hauling them around, medical care, etc. As part of the charge, you could have him slaughter 1 or 2 head for your consumption. If you charge him for the lease, then you can claim your property as a farm operation and there are all kinds of things that become tax deductible: fencing, roads, equipment, tools, depreciation, you'll be surprised. This is something to discuss with a good CPA with farm and ranch experience. One issue, however, is to not let somebody put too many on there and overgraze it.</p></blockquote><p></p>
[QUOTE="Ruark, post: 890970, member: 16279"] Another approach, given your situation, is to lease your land for grazing. Have somebody pay you some amount to graze their cattle there. Then you don't have to worry about hauling them around, medical care, etc. As part of the charge, you could have him slaughter 1 or 2 head for your consumption. If you charge him for the lease, then you can claim your property as a farm operation and there are all kinds of things that become tax deductible: fencing, roads, equipment, tools, depreciation, you'll be surprised. This is something to discuss with a good CPA with farm and ranch experience. One issue, however, is to not let somebody put too many on there and overgraze it. [/QUOTE]
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