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Profit ??
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<blockquote data-quote="1982vett" data-source="post: 704876" data-attributes="member: 7795"><p>Actually, their is a $200 (loss) in the purchases and sale of the cow. It is a legitmate business expenses and has been expenses correctly over the 10 year ownership period. </p><p></p><p>I paid under $500 for most of the cows I had bought 6 years ago and sold because of the drought. When I sold them I got around $600-750 for the cow. I had a capital gain on the cows. Never did find any calves born with born with $20 bills stuck to their ears. :lol:</p></blockquote><p></p>
[QUOTE="1982vett, post: 704876, member: 7795"] Actually, their is a $200 (loss) in the purchases and sale of the cow. It is a legitmate business expenses and has been expenses correctly over the 10 year ownership period. I paid under $500 for most of the cows I had bought 6 years ago and sold because of the drought. When I sold them I got around $600-750 for the cow. I had a capital gain on the cows. Never did find any calves born with born with $20 bills stuck to their ears. :lol: [/QUOTE]
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