tcreeley
Elite Member
tcreeley, You are right, although it is not necessarily a matter of scale.
Breaking even on the investment purely from sales is, and always has been, very difficult. There is a lot more to it than that though. For several decades now I have not chased income, but aimed to live well (and I do) at minimal expense. Having an agricultural holding in most countries (I have no US experience, so it might not apply) is the easiest way to achieve this lifestyle. My home has always been part of the farm.
Many other expenses that non-farmers have to bear are also included in business costs. Rates/local taxes have always been nil or extremely low wherever I have lived, and I feed myself as far as reasonably practicable, buying what is too difficult or impossible to produce. Increases in the value of our properties around the world have kept pace with inflation, plus I always buy somewhere in need of TLC so have improved them all and been paid for my work when we sell. Moving is easy once you get the hang of it, and you have experiences you can never get by living in one place.
I like your approach!