Thursday, June 18, 2009

What Does a Herd Dispersal Sale Mean to YOU?

This topic was created out of a question asked by a new breeder in the midst of creating his business plan. To be perfectly frank, I hadn't given it a great deal of thought until he posed the question. AATC currently has room for more alpacas but buying alpacas doesn't fit in our current business model. We are currently fortunate to be agisting 35 alpacas for our clients, are planning on 17 more cria (about half of those for clients) for the 2009 birthing season, have 17 members of our foundation herd and 23 alpacas for sale.

So, I sincerely had to give it some thought. Bottom line there is no simple answer. Dispersal sales are designed to sell off an entire farming operation or group of livestock in an expeditious manner generally brought about by an event such as retirement, health issues, death of an owner, financial necessity, market fluctuations--the list can be endless. Whether it is a good opportunity for the buyer remains to be seen. Nothing can take the place of your own due diligence. A great deal is no deal at all if you have registry problems; if the herd has health issues; if you can't get them bred--and there is no one left at the farm to honor the contract. The dispersal sales you see on-line and in your mail box are an opportunity and a risk. You are the only one who can define what level of risk you are capable of withstanding. As with any purchase of breeding livestock you must make sure the animal is registered, that the seller you are buying from has a right to sell the animal, and that the breeding animals come with live birth and reproductive guarantees. If there is a guarantee will the seller be in a position to honor that guarantee after they retire from the business?

Do not get me wrong--there are many reputable alpaca breeders out there selling their herds--and you can be comfortable in buying from them. But be sure to do your due diligence. Being a retired CPA, I like a good deal. But a good deal could be the purchase you make from a breeder who is not going out of business; who may be charging a bit more than the dispersal farm; but will still be in business after you have taken the animals home. That is a decision only you can make.

Wednesday, June 10, 2009

Special Tax Break on New Car Purchases Available in States With No Sales Tax

Just released today from the IRS--this deduction is available for any and all taxpayers--you are not required to own a business to qualify--it is an itemized deduction:

WASHINGTON —The Internal Revenue Service and Treasury Department today announced that a tax break for the purchase of new motor vehicles is available in states that do not have a state sales tax. Under the American Recovery and Reinvestment Act of 2009, taxpayers who buy a new motor vehicle this year are entitled to deduct state or local sales or excise taxes paid on the purchase.

The IRS and Treasury have determined that purchases made in states without a sales tax – such as Alaska, Delaware, Hawaii, Montana, New Hampshire and Oregon – can also qualify for the deduction.

The IRS said today that taxpayers who purchase a new motor vehicle in states that do not have state sales taxes are entitled to deduct other fees or taxes imposed by the state or local government. The fees or taxes that qualify must be assessed on the purchase of the vehicle and must be based on the vehicle’s sales price or as a per unit fee. According to the IRS, Congress intended for these fees or taxes to qualify for this special tax deduction.

“This special tax break is available for people purchasing a new car this year, and that can include people in states without a sales tax,” said IRS Commissioner Doug Shulman. “This means that more people can take advantage of this deduction when they file their tax returns next year.”

To qualify for this deduction, the vehicle must be purchased after Feb. 16, 2009, and before Jan. 1, 2010. Taxpayers can claim this special deduction only on their 2009 tax returns to be filed next year.

The deduction is limited to the fees or taxes paid on up to $49,500 of the purchase price of a qualified new car, light truck, motor home or motorcycle.

The amount of the deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individual filers and between $250,000 and $260,000 for joint filers.

The special deduction is available regardless of whether taxpayers itemize deductions on their returns. Taxpayers who do not itemize will add this additional amount to the standard deduction on their 2009 tax return. The IRS reminded taxpayers the deduction may not be taken on 2008 returns.

Tuesday, June 9, 2009

Just 5 Minutes Apart

Saturday afternoon we were watching the Belmont Stakes on television and just about the time all the excitement at Belmont Park was dying down the excitement in our pasture was just beginning. Tucker Creek's Cheyenne was in mid-delivery with two legs and a head hanging out. We raced down to the pasture and identified that all was going smoothly when we realized that Cheyenne was not the only mom ready to bring a new cria into the world--IAOC Iomi was just a few minutes behind Cheyenne--but she had only one leg and a head showing. With just a quick search for the other leg all was in perfect position for the next arrival.

So at 4:00 Cheyenne presented us with a beautiful white female cria we named Tucker Creek's Bella (in honor of the Belmont). She weighed in at 19.0 pounds and is busy healthy girl.

At 4:05 Iomi presented us with a handsome medium fawn male cria we named Tucker Creek's Belmont Runner (in honor of the Belmont and, yes, because he is quite the runner). He weighed in at 15.2 pounds and is still running.

Both of these gorgeous cria were sired by our handsome Studmaster™ EC Sun Tzu.

Bella and Cheyenne are our featured package for the combined price of $16,750. First and second generation Studmaster™ females including a breeding for each of them.

Three more ladies are due any time--two of them are ours--Queen Amidala, AOO and River Rock's Tiffany, the third belongs to one of our clients. Will keep you posted as they arrive.

Tuesday, June 2, 2009

Seminar & Shearing Weekend Update

The last weekend of June is shearing weekend at Alpacas at Tucker Creek. It will start out with a seminar presented by Carrie Hull from Coarse Broads entitled "A Good Yarn--Essential Yarn Basics That Every Alpaca Breeder Should Know" on Saturday, June 27th starting at 9:30 am. Click on the title to get more details on the seminar. A continental breakfast (being served at 8:30 am and lunch (being served immediately following the seminar) are included with your seminar registration. Serendipity Caffe of Warrenton will be catering our weekend again this year. Please let us know if you have any special dietary requirements. The cost of the seminar is $50 per person paid via check or credit card. Click here to register. As always, seminars are free to client farms.

Following the seminar from 2:00 pm to 5:00 pm will be an "Open Barn" for seminar participants, family and friends only. (The public will be welcome to attend the shearing activities on Sunday and Monday.) This will be a great opportunity for you to see Carrie in action as she sorts fiber from area alpaca farms being brought to Tucker Creek for her expertise. Also available will be spinning and other fiber demonstrations along with tours of the barns and pastures and a great chance to check out the new cria.

Then shearing begins on Sunday afternoon, June 28th. Armando Victoria and his crew are scheduled to be here mid-day as they will be shearing for Pat and Rhonda Green at Alpacas at Bear Creek in the morning.

Carrie Hull will be our resident certified sorter again this year. Several of the individuals who attended her seminar last year have started the two year apprenticeship program and will be sorting beside her.

If you wish to help on either day please contact us no later than Friday, June 26th, so we can finalize our duty roster in advance of the event. Shearing on Sunday will begin at 1:00 pm (or whenever Armando arrives). Shearing on Monday will begin at 8:00 am and will be over whenever Armando is. Note the overriding theme here--it all begins and ends with Armando Victoria.

If you wish to watch the event but not get dirty (and we do tend to get dirty) the cost of admission is a nonperishable food item for the Clatsop Community Action Regional Food Bank or the Clatsop County Animal Control Shelter.

Look forward to seeing you there. It is a lot of work but it is our harvest and it is the culmination of all our year long efforts. And from the alpacas' point of view--they are just thrilled to get rid of all that fiber. Even little ones get shorn--here is a shot of Candy and her mom, Queen Amidala, after her tips were shorn at six days of age--you should come back this year just to see what she looks like now.

It is absolutely gorgeous on the Oregon Coast this time of year. Why not make it a nice long weekend--check out some of the hotels listed below and the link to the Chamber website to participate in some of the other wonderful activities available in our little part of the world.

Cannery Pier Hotel - right on the Columbia River, incredible views, day spa available by reservation. Be sure to ask for Ally Stevens when you check availability. ally@cannerypierhotel.com - email

Hotel Elliott - in the center of downtown Astoria--recently restored, beautifully historic.

Holiday Inn Express - also located right on the Columbia River-a little less expensive but still breathtaking views.

Check out the website of the Astoria Warrenton Area Chamber of Commerce for a more detailed list of hotels and other activities happening on the coast.

If you are coming in via Portland International Airport, you will be happy to know there is now an air shuttle service available. It is called Seaport Airlines and their service cuts a two hour drive down to a 25 minute flight. To further simplify your weekend planning there is a Hertz Car Rental office at Astoria Regional Airport. Click here for directions to Alpacas at Tucker Creek.

If you have any questions, please feel free to contact us--we would love to visit with you. Hope you are enjoying the wonderful spring weather and will be able to join us for the seminar, or shearing or both. Enjoy!