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<blockquote data-quote="Brute 23" data-source="post: 870209" data-attributes="member: 6291"><p>That's my point. I do run two businesses, anyone can, it's all a matter of how YOU (the owner) wants to look at it. Just because I brought a guinea pig home for my kid in my truck, then sold it 1 month later for $1 more than I had in it doesn't mean I need to expense my truck to that guinea pig.</p></blockquote><p></p><p>I agree and have experience running it that way.</p><p></p><p>Land would not be my first investment as a young person. Matching 401ks, IRAs, mutual funds, then real estate. It should be part of a diverse porfolio, not your sole retirement IMO.</p><p></p><p>The large ranches prices have actually held up pretty decent due to the big investers parking ,oney in land instead of the stock market.</p><p>[/QUOTE]</p>
[QUOTE="Brute 23, post: 870209, member: 6291"] That's my point. I do run two businesses, anyone can, it's all a matter of how YOU (the owner) wants to look at it. Just because I brought a guinea pig home for my kid in my truck, then sold it 1 month later for $1 more than I had in it doesn't mean I need to expense my truck to that guinea pig.[/quote] I agree and have experience running it that way. Land would not be my first investment as a young person. Matching 401ks, IRAs, mutual funds, then real estate. It should be part of a diverse porfolio, not your sole retirement IMO. The large ranches prices have actually held up pretty decent due to the big investers parking ,oney in land instead of the stock market. [/QUOTE]
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