Posted by Bkpigs on October 01, 2009 at 18:23:52 from (75.132.238.145):
This is a long topic but I will try to keep it short.
I am wanting to start a "hobby" farm. Well, hopefully it will grow into more than that. The banks have gone from "find a place under $240K and you got it; to "you make too much for this program, not enough for this loan" and so on.
The FSA office has been no help for me, I need atleast 3 years of schedule "F" (which I don't have because I have worked for my FIL, Dad, and others my whole life) to apply for any of their programs.
So my main question to you is, should I start buying equipment now and miss out on being able to deduct off of my taxes or should I just hord my money until I find another farm (missed out on several already) and scramble around to get my equipment in line? Or do you guys know of any programs or loans that would fit my situation?
Thanks for all of your advice, I know there is a lot of experience on this website and that is why I am coming to yous.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.