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Posted in Alpaca Investments, Alpaca Starter Packages, Tax Advantages on Nov 22nd, 2010
Section 179 is Expanded for This Year and Next Great News for starting an alpaca business this year, or expanding the one you have with another alpaca purchase… this year. The best time is now… to take advantage of the changes to the Section 179 expensing. Let me explain… On September 27, 2010, President Obama [...]
Posted in Alpaca Investments, Alpaca Lifestyle, Tax Advantages on Apr 1st, 2010
This is no April Fool’s… the alpaca industry is alive and well. The sale of one very special alpaca stud for $675,000 is only the beginning! At the end of February, a very important event took place… The Snowmass Auction in Phoenix AZ. Most of us breeders use this event as a barometer about the [...]
Posted in Alpaca Investments, Alpaca Lifestyle, Tax Advantages on Oct 30th, 2009
When we decided to get into the alpaca industry (Oct 2004), the benefits of two factors really stood out. First the gentle nature of the lifestyle appealed to us and second the favorable tax consequences sealed the deal. My initial research took me to several publications about the financial aspects of alpaca ownership. In this [...]
Posted in Tax Advantages on May 28th, 2009
If you are making (or are thinking about making) an alpaca purchase – consider this… 2009 is the best year to let Uncle Sam do it for you. Let me explain… The Stimulus Act temporarily extends the higher Section 179 expense amounts available in 2008 for an additional year. Under this provision, business [...]