Business halp once again

Aug 14th, 2013
HelloWorld
Category:
Business & Finance
Price: $15 USD

Question description

Hellen,

Hope all is going very well with you. I'm needing assistance with an Original no more than 250 words about how these Alpacas, "how the capital improvement you identified could help the business". 

The alpaca industry has a mixture of individuals ranging from the alpaca breeder who is interested in breeding and raising alpacas as a business venture to those individuals who are interested in raising alpacas strictly to produce fleece to be processed and sold to be made into end products.  The industry even has many people who just want to own alpacas as pets and companions on small acreages.  No matter which category that you fall into, it is important for you to understand the risks and opportunities in raising alpacas.  Just like any business, there are risks and there are benefits.

Although alpacas should not be considered pure investments, in addition to added pleasure and peace of mind that they can bring, there are many business benefits in raising alpacas, For example, like other valuable assets, breeding stock held for more than a year qualifies for long-term capital gains treatment when sold. Unlike many assets, alpacas are 100% insurable.

Alpacas are not inexpensive, ranging from $10,000 to $40,000 for breeding females and $5,000 to $35,000 for high quality males. High quality proven males with exceptional offspring have sold in excess of $200,000. In many cases, financing your alpaca purchase can be done right on the farm as many alpaca breeders offer financing.

Alpacas are depreciable over a maximum of five years, giving farm and ranch owners immediate tax savings while their herd is growing. Also, alpaca purchases can qualify for more rapid depreciation under Section 179 of the I.R.C. As you raise your alpacas, most related expenses (ie., feed, vet care, supplies, farm equipment, computers, plus travel, showing and advertising costs, etc.) are deductible. In many states, those involved in farming can receive a significant reduction in their real estate taxes. Be sure to consult your tax advisor to learn how these tax rules can help you.

Reference: https://www.arilist.com/academy/about/business


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: University of Maryland
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
Five Star Tutor
Dec 5th, 2016
" Outstanding Job!!!! "
kpcutie
Nov 21st, 2016
" Excellent job "
Joemoe
Nov 12th, 2016
" <3 it, thanks for saving me time. "
Hemapathy
Nov 8th, 2016
" all I can say is wow very fast work, great work thanks "
pmallory
Oct 30th, 2016
" Totally impressed with results!! :-) "
kevin12622
Oct 16th, 2016
" Goes above and beyond expectations ! "
kiln82
Oct 7th, 2016
" awesome work thanks "
likeplum4
Sep 24th, 2016
" Excellent work as usual "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1828 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors