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<blockquote data-quote="Bright Raven" data-source="post: 1552861" data-attributes="member: 27490"><p>The operation on an income tax basis is still writing off depreciation of infrastructure and initial capital costs. On an income tax basis, it is difficult to record a profit until depreciation is settled. I have started my tax preparation for 2018. My tractor has now been depreciated. Some of the original fencing projects which have a 7 year period of depreciation are falling out. I had a 50% increase in total revenue this year over any other year.</p><p></p><p>Some of those heifers paid back by their second calves. I bought 4 of the heifers from Fire Sweep and a couple delivered outstanding calves. In fact, a couple of those calves were retained and just had their first calves this fall. My herd reached 20 this fall. About 35 % of those are now my breeding and raising. I have 3 calves in this fall group that I will retain. As you mentioned, if you start with good females and you make good AI selections, there is no reason to go outside my herd to bring in genetics.</p><p></p><p>My cows fit my environment well. I have zero feet issues, I breed back 100 % in a 45 day AI breeding season. If you remember the "shyster" thread, I got jumped on by Super Dexter for using other breeder's genetics. Well, he is right and I guess that makes me a Shyster but I am <u>not</u> going to be a walking, talking, working heap of organic mass long enough to reach whatever goal he thinks I should achieve. So yes, I bought other breeder's genetics.</p><p></p><p>The operation has better profitability prospects as a seedstock operation.</p></blockquote><p></p>
[QUOTE="Bright Raven, post: 1552861, member: 27490"] The operation on an income tax basis is still writing off depreciation of infrastructure and initial capital costs. On an income tax basis, it is difficult to record a profit until depreciation is settled. I have started my tax preparation for 2018. My tractor has now been depreciated. Some of the original fencing projects which have a 7 year period of depreciation are falling out. I had a 50% increase in total revenue this year over any other year. Some of those heifers paid back by their second calves. I bought 4 of the heifers from Fire Sweep and a couple delivered outstanding calves. In fact, a couple of those calves were retained and just had their first calves this fall. My herd reached 20 this fall. About 35 % of those are now my breeding and raising. I have 3 calves in this fall group that I will retain. As you mentioned, if you start with good females and you make good AI selections, there is no reason to go outside my herd to bring in genetics. My cows fit my environment well. I have zero feet issues, I breed back 100 % in a 45 day AI breeding season. If you remember the "shyster" thread, I got jumped on by Super Dexter for using other breeder's genetics. Well, he is right and I guess that makes me a Shyster but I am [u]not[/u] going to be a walking, talking, working heap of organic mass long enough to reach whatever goal he thinks I should achieve. So yes, I bought other breeder's genetics. The operation has better profitability prospects as a seedstock operation. [/QUOTE]
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