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!VtObG0V2zU 02/27/12(Mon)16:03 No.162363 File: 1330376593.jpg-(434 KB, 1600x1200, K-S_5_U_potoka.jpg)
>>162348
Well
we wouldn't be incorporated, we'd be an LLC at most. There are two
problems; the first is subsistence vs profit, and the second is
residency vs investment.
On the first matter, let's say we spend
$1000/year on food (flour, rice, beans, spices, ammo for hunting and so
on), $1000/year on internets, and $3000/year on mortgage payments and
taxes, and sold 4 cattle per year for $6000 in revenues. Now, we've
subsisted, and fed ourselves, secured our shelter and so on, but the
profit is only $1000 for the whole year. Presumably people would be able
to work off farm as well since raising cattle isn't particularly labor
intensive, but it paints the picture well. Subsistence can be achieved
without significant profits. Having people classified as employees would
obviously not work well when their showing for the year was $200.
On
the other matter, how do we decide who gets to live on the farm. We've
got people in college who want to invest but only want to work the farm
on summer break. How is that handled? What's their motivation to work
when they're not being fed and sheltered by the product of that work?
Obviously the value of the land will rise as a result of improving it,
but how will that rise be reflected in the price of shares?
We
don't want to go through all of this and be transformed by 'market
forces,' into a run of the mill corporate farm. I think we all just want
to live sustainably in peace off grid. That's the goal that has to be
kept in mind. |