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What else can I help you with?
Do you owe capital gains on farm ground you sell to someone to build a house on?
Yes, you may owe capital gains tax on farm ground you sell if the sale results in a profit. The tax applies to the difference between the sale price and your adjusted basis in the property. However, certain exemptions or deductions may apply, especially if the land was used for farming or if you meet specific criteria. It's advisable to consult a tax professional for guidance tailored to your situation.
Do collection agencies have to have a written agreement between themselves and the original creditor?
No they don't, usually the OC hires or farm out their accounts that are in collection status to CA's.
How do I get a farm and ranch appraisal license?
Go to http://www.agriaffiliates.com/childears.htm, there is information on managing a farm and ranch there.
Explain why a farm selling Christmas trees might have problems with its cash flow at certain times of the year?
A farm selling Christmas trees may experience cash flow problems during the off-season when there are no sales, as expenses such as maintenance, labor, and equipment costs continue year-round. Additionally, costs for planting and nurturing the trees occur long before the harvest season, creating a gap between expenses and income. Seasonal fluctuations in demand can further exacerbate cash flow issues, particularly if the farm relies heavily on a short selling window during the holiday season.
What is a farm inventory and valuation?
A farm inventory and valuation is a comprehensive assessment of a farm's assets, including crops, livestock, equipment, and real estate. This process helps farmers understand the total worth of their operations, which is essential for financial planning, insurance, and securing loans. Accurate inventory and valuation can also aid in decision-making regarding resource management and investment strategies. Overall, it provides a snapshot of the farm's economic health and potential for growth.
What is the difference between a rancho and a mission?
missions do not farm and ranchos do
Farm raised vs Wild fish?
what is the difference between farm raised vs wild fish
What is the difference between wild turkey meat and farm raised turkeys?
Farm animals are usually domesticated.
What is the difference between a small farm and a large farm?
prices, crop capacity, the acres of land, size of land, and some locations
What is a farm record?
a farm record is a book for recording farming activities. it is recorded by a farmer or his workers
What is difference between apiary and apiary farm?
An apiary is just a collection of beehives. An apiary farm would be bee farming on a commercial scale.
What is the difference between Old MacDonald Had a Farm and Farmer in the Dell?
the squirrel is singing Old MacDonald Had a Farm and the skunk is singing Farmer in the Dell
What is the difference between industrial city and a farm house?
the difference between a industrial city and a farmhouse is that a farm house is much cleaner than a industrial city,you get the availibity of more things in a city than a farmhouse,your money wastes in a industrial city
What is the main difference between Boxer and Clover in Animal Farm?
watch it on youtube or look up animal farm questions and answers it should help :)
What is the difference in meaning between a crash and an accident?
Theres a Cow Farm.... Theres Gonna Be Cows Outside!
What is the difference between a sheep station and a sheep farm?
The size of the property and thus the number of sheep that can be grazed..
What is the difference in meaning between crash and an accident?
Theres a Cow Farm.... Theres Gonna Be Cows Outside!
