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<blockquote data-quote="Running Arrow Bill" data-source="post: 19262" data-attributes="member: 9"><p>Good aspirations! Two cow/calf pairs on 20 acres is not too much as long as you plan to supplemental feed + hay to compensate for the rocky pasture. You might make moe on renting the 60 acres of tillable land. Possibility of putting some of the 60 A in pasture/hay?? Native grasses?</p><p></p><p>With very good management you should possibly break even in 3-5 years on cattle upkeeep.</p><p></p><p>Good fencing on cattle acreage is a priority investment. For IRS tax purposes, a very small herd would probably be classified as a "hobby" activiaty and not a "for profit" operation--consult your CPA or Tax Attorney. Renting out the 60A and/or turning some into pasture/hay production would preserve an Agricultural exemption for tax purposes, assuming the property already has an Ag exemption.</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 19262, member: 9"] Good aspirations! Two cow/calf pairs on 20 acres is not too much as long as you plan to supplemental feed + hay to compensate for the rocky pasture. You might make moe on renting the 60 acres of tillable land. Possibility of putting some of the 60 A in pasture/hay?? Native grasses? With very good management you should possibly break even in 3-5 years on cattle upkeeep. Good fencing on cattle acreage is a priority investment. For IRS tax purposes, a very small herd would probably be classified as a "hobby" activiaty and not a "for profit" operation--consult your CPA or Tax Attorney. Renting out the 60A and/or turning some into pasture/hay production would preserve an Agricultural exemption for tax purposes, assuming the property already has an Ag exemption. [/QUOTE]
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