I'd considered it. We were seriously thinking about selling out here in Michigan and buying a cow/calf set up in Missouri. Would have probably just taken some of the tractors and the newer hay tools. I was talikng to a dealer in Kentucky a few years back. Said somebody from Wisconsin had hauled most of his stuff down there when he moved there. Used their dock to unload and put tongues back on,that sort of thing. A local guy here moved to Wisconsin,had an auction of his older stuff,took the newer things with him. I know another guy who's father moved the family here from New Jersey in the early 60s. Brought everything along,machinery,cattle and all. Biggest tractor he had was a JD 620 though. Thing is,if you sell everything then buy back,you'll have to pay capital gains,then depreciate what you buy,so it will take a while to recoup what you spend. Unless you do a 1031 exchange,but when it comes to equipment,its a bear.You have to spend the money from a tractor on a tractor,combine on a combine,etc. You'll pay cap gains on any difference if you don't spend it all,or on anything that you don't replace. Could be a nightmare. Myself,I thought it would be worth taking things with me rather than replacing it on the other end.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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