Comment Comment by ravingraven I agree with you that such a strategy is not optimal but it is not quite how you describe it to be.In the mind of the farmer:* $150,000 tractor: something that has value (not easy to calculate, but a $150k tractor has a value above zero, even if not brand new) and utility.* $30,000 to the IRS: money that I will never see again. Literally thrown away money.Option number 1 is very tempting. parent ravingraven 9 years ago
In the mind of the farmer:
* $150,000 tractor: something that has value (not easy to calculate, but a $150k tractor has a value above zero, even if not brand new) and utility.
* $30,000 to the IRS: money that I will never see again. Literally thrown away money.
Option number 1 is very tempting.