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Who's breaking even or better?
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<blockquote data-quote="Jeanne - Simme Valley" data-source="post: 490092" data-attributes="member: 968"><p>CB - you must be working on your taxes. I am NOT referring to a value for tax purposes. I'm talking dollars & cents in my pocket. Sure, I don't have any $$$ in my pocket for the heifers I raised, but I sure consider them $$ in the bank - so to speak. I'm not trying to brag, but I guarantee you my heifers are worth more than what it costs me to raise them, even if I had a "fire sale" <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite7" alt=":p" title="Stick out tongue :p" loading="lazy" data-shortname=":p" /> </p><p>I do my own taxes, and I know exactly what you mean. Dead heifers RAISED = no tax benefit</p><p>Dead cow or heifer purchased = tax deduction. But that's not what we're talking about.</p><p>If you can raise your own heifers to proper breeding size for less money than what they are worth at that time (or what you can buy them for), then you have females added to your herd that many producers will agree have more "stayability" in their herds. If you can't, than YES, you should buy them. Or possibly you don't want the risk/time factor involved in calving out heifers, that's your choice. Calving out heifers is no problem for me.</p><p>.</p></blockquote><p></p>
[QUOTE="Jeanne - Simme Valley, post: 490092, member: 968"] CB - you must be working on your taxes. I am NOT referring to a value for tax purposes. I'm talking dollars & cents in my pocket. Sure, I don't have any $$$ in my pocket for the heifers I raised, but I sure consider them $$ in the bank - so to speak. I'm not trying to brag, but I guarantee you my heifers are worth more than what it costs me to raise them, even if I had a "fire sale" :P I do my own taxes, and I know exactly what you mean. Dead heifers RAISED = no tax benefit Dead cow or heifer purchased = tax deduction. But that's not what we're talking about. If you can raise your own heifers to proper breeding size for less money than what they are worth at that time (or what you can buy them for), then you have females added to your herd that many producers will agree have more "stayability" in their herds. If you can't, than YES, you should buy them. Or possibly you don't want the risk/time factor involved in calving out heifers, that's your choice. Calving out heifers is no problem for me. . [/QUOTE]
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