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Non-Cattle Specific Topics
Coffee Shop
Selling Out
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<blockquote data-quote="perryT200" data-source="post: 1727566" data-attributes="member: 42383"><p>Without concrete numbers it is really hard to tell, but if you have any type of business you probably need a tax man. He can advise you on the proper registration and the best way to buy and sell. Taxes are kinda important.</p><p></p><p>[URL unfurl="true"]https://www.fb.org/issues/tax-reform/capital-gains-taxes-and-stepped-up-basis/#:~:text=The%20current%20top%20capital%20gains%20tax%20is%2020%20percent.&text=In%202020%2C%20farm%20real%20estate,to%20raise%20the%20asking%20price.[/URL]</p></blockquote><p></p>
[QUOTE="perryT200, post: 1727566, member: 42383"] Without concrete numbers it is really hard to tell, but if you have any type of business you probably need a tax man. He can advise you on the proper registration and the best way to buy and sell. Taxes are kinda important. [URL unfurl="true"]https://www.fb.org/issues/tax-reform/capital-gains-taxes-and-stepped-up-basis/#:~:text=The%20current%20top%20capital%20gains%20tax%20is%2020%20percent.&text=In%202020%2C%20farm%20real%20estate,to%20raise%20the%20asking%20price.[/URL] [/QUOTE]
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