txdon
Super Star Member
The problem with writing everything off is you have to have a large enough profit to begin with unless you plan on using farm loss to offset another source of revenue.
I have a cousin that is a successful cattleman. He is the last of the Texas Cowboys. He has a pickup, cow trailer and a horse. He leases out large parcels of land along the gulf coast and does every thing on horseback. He's the kind of guy that can rope and pick up a calf. His expenses are low and he does everything himself.
I have a cousin that is a successful cattleman. He is the last of the Texas Cowboys. He has a pickup, cow trailer and a horse. He leases out large parcels of land along the gulf coast and does every thing on horseback. He's the kind of guy that can rope and pick up a calf. His expenses are low and he does everything himself.
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