All About the Benefits of Owning A Ranch

Why do people buy ranches? Many people buy them for profit. Certainly, someone with the right knowledge and technical know-how can make money from the livestock or fishery a ranch produces. Proper ranch management is said to the key to a profitable ranch operation. Furthermore, ranches are subject to attractive tax incentives. As a ranch owner, you can donate your property into a conservation easement, and promise to not develop it. Doing this can give you significant tax deductions.

Hold Your Horses: Take Note of These before Buying a Ranch

The title “ranch owner” has a certain ring to it that people accustomed to rural living find hard to resist. However, owning a property for farming or animal-raising purposes is not as simple as the lifestyle a ranch provides. There are a number of things one has to consider before purchasing land.

Things to Consider Before Buying a Ranch

Being a rancher is fun. But just because you have money doesn’t mean you’ll automatically be successful. In fact, there are several considerations in running a ranch, and here are a few of them.

Land Inspection for Aspiring Ranchers

Living the suite life is a dream for many, but some find it too glamorous to be exciting. Being in the heart of the city may keep you close to shopping malls, arcades, and all sorts of entertainment and recreational areas, but others find life in the outdoors and being surrounded by lush vegetation and fresh air more rewarding.

What Killed the Open Range?

The term “open range” refers to cattle and livestock roaming free across tracts of land regardless of who owns them. You can see this in many cowboy movies, where a traveling convoy lets their cattle and livestock feed on whatever grass they see. Before the mid-1800s, open range was the ranching method of choice for most ranchers. However, today’s ranches are limited by legal fences because of the serious repercussions of open ranges, namely overgrazing.