How would you spend $3.5 million?

CyJeans

Well-Known Member
Apr 18, 2017
2,346
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Beaverdale, IA
First, I am going straight to the roulette table, I have a system (it's called winning). I would double my money, then double it again, and keep going until I have T. Boone Pickens level of FU money. Then I go straight to Pollard, remind him that I once sent him an email in college talking about how he should fire McDoormat, I know he remembers because he replied and I am sure I was to only one to ever do that (obviously). Side note, McDoormat did leave shortly after so I am convinced there must have been an email forward type situation (you're welcome). Back on topic...we bury the hatchet over a couple cold ones laughing like old friends (DILLY DILLY)...totally not relevant but I feel like that was a stupid college kid thing I did and I feel guilty. Actually back on topic...I just write him a really big check for a 100 ft tall statue of Fred Hoiberg two hand dunking right in Bill Self's face. The rest of the money goes to Kirk Ferentz and Mad Fran so that they stay at Iowa forever and keep them horribly mediocre until their dying days. **** Iowa

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When do I get the money? I already quit my job I hope it is soon.
 

Cdiedrick

Active Member
Jun 26, 2014
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E42E69AA-3474-4492-80D3-E3108CFAC8AB.jpeg Then I would start a top fuel funny car team and get great season tickets, a bus, and a parking pass for a kick ass tailgate party. I’m not talking normal tailgating either. Every game I want to view as a rivalry. Examole, Texas, we butcher a longhorn and eat very well!
 

WrestlerJJE

Active Member
Feb 6, 2014
425
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Ames, Iowa
If you enjoy a 2% return right now.
Let’s see if you buy 200 acres at a decent price of $10,000 an acre that’s a $2,000,000 and cash rent it for $350 an acre you get about $70,000 a year but here’s a couple of kickers: 1.) you can write off that on your taxes because it’s farm land and 2.) you know as well as I do that farm land fluctuates so buy low, sell high. Let’s say that land goes up to $15,000 an acre that is a $1,000,000 profit on it. Now imagine if he did this 5 times well cash rent would be at $350,000 a year plus he one day sells it he just made $5,000,000 off of it!!!
 

BCClone

Well Seen Member.
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Sep 4, 2011
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Not exactly sure.
Let’s see if you buy 200 acres at a decent price of $10,000 an acre that’s a $2,000,000 and cash rent it for $350 an acre you get about $70,000 a year but here’s a couple of kickers: 1.) you can write off that on your taxes because it’s farm land and 2.) you know as well as I do that farm land fluctuates so buy low, sell high. Let’s say that land goes up to $15,000 an acre that is a $1,000,000 profit on it. Now imagine if he did this 5 times well cash rent would be at $350,000 a year plus he one day sells it he just made $5,000,000 off of it!!!


1) if you can get 350/acre. Keep quiet because you are a good 100-150 over everyone up here. 2) what are you writing off? Maybe 100-200 depreciation in fences and fertility if you are lucky.
 

WrestlerJJE

Active Member
Feb 6, 2014
425
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Ames, Iowa
1) if you can get 350/acre. Keep quiet because you are a good 100-150 over everyone up here. 2) what are you writing off? Maybe 100-200 depreciation in fences and fertility if you are lucky.
Both are wrong. My own father who owns land in the south which is not great ground can get 225 an acre and second yes you can write off your vehicles, and land as Ag taxes, sat through taxes for very long time and there is ton of stuff to write off if you own land.
 

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