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<blockquote data-quote="Anonymous" data-source="post: 17422"><p>If your proposed new place replaces an old mortgage payment (assuming you do not pay cash for new place), then you are trading monthly payments.</p><p></p><p>Livestock infrastructure is a large expense. Corral, working chute, etc.; separation & holding pens, turn-out pasture areas (for horses), shelter areas for all stock. Year-around hay stock "in barn", minerals, supplemental feed (as needed), water tanks (troughs), Vet expenses for routine vaccinations and de-worming (unless you do them yourself), Farrier expenses, transporting costs, etc. The good side is that (usually) if your operation qualifies as a "Livestock Operation" and not a "Hobby Farm" (per IRS rules), then your structures and maintenance costs for stock are tax deductable (livestock are depreciated), according to our own CPA.</p><p></p><p>According to our own extensive record-keeping in the Texas Panhandle region, our annual "cost" per 1000# equivalent cattle unit is averaging about $38. per head per month...we have excellent healthy registered stock, good sources for excellent quality hay at reasonable prices. Our annual "cost" per 1000# equivalent horse is averaging about $75 a month for our healthy registered horses. We own our facility and pay cash as we go for property and facility improvements and no loans...this keeps our monthly cash outlays lower.</p><p></p><p>If you don't have your own bulls or stallions, breeding fees will bump up the average monthly costs. If you plan to run registered animals, then breeding fees can be significant, including Vet charges (for A.I., preg. checks, etc.) However, sometimes extra costs for A.I., bull leasing, mare or cow transport to breeder, can be cheaper that building special areas on your property to safely keep a bull or stallion.</p><p></p><p> <a href="mailto:bill@runningarrowlonghorns.com">bill@runningarrowlonghorns.com</a></p></blockquote><p></p>
[QUOTE="Anonymous, post: 17422"] If your proposed new place replaces an old mortgage payment (assuming you do not pay cash for new place), then you are trading monthly payments. Livestock infrastructure is a large expense. Corral, working chute, etc.; separation & holding pens, turn-out pasture areas (for horses), shelter areas for all stock. Year-around hay stock "in barn", minerals, supplemental feed (as needed), water tanks (troughs), Vet expenses for routine vaccinations and de-worming (unless you do them yourself), Farrier expenses, transporting costs, etc. The good side is that (usually) if your operation qualifies as a "Livestock Operation" and not a "Hobby Farm" (per IRS rules), then your structures and maintenance costs for stock are tax deductable (livestock are depreciated), according to our own CPA. According to our own extensive record-keeping in the Texas Panhandle region, our annual "cost" per 1000# equivalent cattle unit is averaging about $38. per head per month...we have excellent healthy registered stock, good sources for excellent quality hay at reasonable prices. Our annual "cost" per 1000# equivalent horse is averaging about $75 a month for our healthy registered horses. We own our facility and pay cash as we go for property and facility improvements and no loans...this keeps our monthly cash outlays lower. If you don't have your own bulls or stallions, breeding fees will bump up the average monthly costs. If you plan to run registered animals, then breeding fees can be significant, including Vet charges (for A.I., preg. checks, etc.) However, sometimes extra costs for A.I., bull leasing, mare or cow transport to breeder, can be cheaper that building special areas on your property to safely keep a bull or stallion. [email=bill@runningarrowlonghorns.com]bill@runningarrowlonghorns.com[/email] [/QUOTE]
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