I understand why everyone is saying wildlife exemption , but from a land owners stand point I don't want my land growing up in brush and trees . You couldn't pay me to let that happen in my pastures . The cows are needed to keep the grass down unless you like pulling a mower .
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Originally posted by gusman View PostDon't forget about feeding them cows keep em as tame as possible or when its time to pen em you will have to get some real cowboys and dogs to put em in the trailer for you come sell time....lot of work imo.
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What everyone has failed to mention is you have a two year grace period that you dont have to have cows on the place... theres no hurry.... with a wildlife or ag exemptuon you have to be able to show income!!.... ai dont think it cuts it just trying to do a wildlife exemption... there has to be money off of wildlife being made....
Truth is... how many times does someone come out to your place to count how many cows you have to make sure your in compliance with the ag exemption? I havent seen or heard of it once... get rid of cows and if you are going to get audited borrow some cows. You receive a latter in the mail before an audit anyways.. which again you will probably never be audited.
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Originally posted by ducks-and-bucks View PostWhat everyone has failed to mention is you have a two year grace period that you dont have to have cows on the place... theres no hurry.... with a wildlife or ag exemptuon you have to be able to show income!!.... ai dont think it cuts it just trying to do a wildlife exemption... there has to be money off of wildlife being made....
Truth is... how many times does someone come out to your place to count how many cows you have to make sure your in compliance with the ag exemption? I havent seen or heard of it once... get rid of cows and if you are going to get audited borrow some cows. You receive a latter in the mail before an audit anyways.. which again you will probably never be audited.
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Originally posted by txred0810 View PostHow do you come up with these numbers? We are thinking of doing the same thing with some family land. 180 acres worth leased at $1000 per year. If you would like me to PM you so I don't hijack the thread I can do that also. Thanks!
107x15$ac=1035 per year lease x2years=2070 bucks lease for 2years
5 3in1 pairs @1700=8500 for cattle.
first year sell 5 calves avg 500lbs each. if and a big if prices stay high, those five ought to bring 4k.
next year repeat another 4k
sell your 5 mama cows for another 4k.
plus writing off gas feed(corn) labor wire tposts etc.
its basically a free lease with benefits
I did figure this in my head before I've had coffee and Copenhagen this morning so check with a calculator
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Originally posted by jds247 View PostI understand why everyone is saying wildlife exemption , but from a land owners stand point I don't want my land growing up in brush and trees . You couldn't pay me to let that happen in my pastures . The cows are needed to keep the grass down unless you like pulling a mower .
cattle and deer eat 2 entirely different classes of plants
wildlife exempt IMHO is a good way to diminish your property values over the ling term unlike good agriculture practices which usually improve values
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Originally posted by jds247 View PostI understand why everyone is saying wildlife exemption , but from a land owners stand point I don't want my land growing up in brush and trees . You couldn't pay me to let that happen in my pastures . The cows are needed to keep the grass down unless you like pulling a mower .Originally posted by txnduckhntr View Postx2
cattle and deer eat 2 entirely different classes of plants
wildlife exempt IMHO is a good way to diminish your property values over the ling term unlike good agriculture practices which usually improve values
Land with nice open hayfields will usually be worth a lot more than land with overgrown brush.
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Originally posted by txnduckhntr View PostI threw my paper away.
107x15$ac=1035 per year lease x2years=2070 bucks lease for 2years
5 3in1 pairs @1700=8500 for cattle.
first year sell 5 calves avg 500lbs each. if and a big if prices stay high, those five ought to bring 4k.
next year repeat another 4k
sell your 5 mama cows for another 4k.
plus writing off gas feed(corn) labor wire tposts etc.
its basically a free lease with benefits
I did figure this in my head before I've had coffee and Copenhagen this morning so check with a calculator
If you really want to go the cattle lease option, make sure that permanent structure materials (fences, working pens, and barns) are the responsibility of the landowner.
Get the lease in writting and have a real estate attorney look at it - perferrably one who specializes in cattle leases.
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