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Profit made off of cattle !
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<blockquote data-quote="Caustic Burno" data-source="post: 427549" data-attributes="member: 694"><p>Yes you saved in taxes but that cow wasn't free unless you are running website cattle.</p><p>That cow has a cost and your liabilty exposure has went up greatly.</p><p>A lot of people think land is always an investment.There is more than one way to look at property as land values don't always go up and there are corrections, most of you are not old enough to remember the Savings and Loan failures.</p><p>They were loaning money right and left to anyone with a pulse to buy land, prices skyrocketed and then it went bust just like the home lenders are doing now. People couldn't sell there land if they wanted to, prices here are just now getting back to what people were paying during the S&L boom.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 427549, member: 694"] Yes you saved in taxes but that cow wasn't free unless you are running website cattle. That cow has a cost and your liabilty exposure has went up greatly. A lot of people think land is always an investment.There is more than one way to look at property as land values don't always go up and there are corrections, most of you are not old enough to remember the Savings and Loan failures. They were loaning money right and left to anyone with a pulse to buy land, prices skyrocketed and then it went bust just like the home lenders are doing now. People couldn't sell there land if they wanted to, prices here are just now getting back to what people were paying during the S&L boom. [/QUOTE]
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Profit made off of cattle !
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