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Balance Sheet-What's the point?
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Brandon SWIA
Posted 12/24/2024 11:06 (#11024008 - in reply to #11023988)
Subject: RE: Balance Sheet-What's the point?


Ballpark, take current farm assets (other than cash) x 50%, intermediate farm assets x 35% (no SE tax), long term farm assets-cost basis x 20% (depending on state cap gains). This is an extremely rough estimate.
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