Agriculture

Equipment Appraisals along the Central Coast

December 22, 2011

What was this equipment appraiser thankful for in November? I got to spend most of Thanksgiving week working in & enjoying California’s Central Coast. Did a cost segregation study inspection of some recently acquired farmland near Fillmore, a machine shop inspection for tax estate purposes in the Salinas Valley area and one very long day of ASA meetings in Costa Mesa. The non-work related part? A camp-out at Eureka Dunes in Death Valley and some El Capitan Beach days near Santa Barbara. We also had a personalized tour of a surfboard manufacturing shop in Ventura! You can take a similar tour by watching this video.

Rice Harvest in the Sacramento Valley

October 11, 2011


Rice harvest is underway! As usual, there’s concern about the weather, but harvest started last month with the early maturing varieties and will continue right into November. It’s fun to see all the videos of rice harvesting rolling onto the internet. Most of those videos are from the Sacramento Valley, where most of the rice in the U.S. is grown. All I have to do is take a little drive to see some live action harvesting, practically in my own backyard.

Central Coast Agricultural Equipment Appraisals

July 5, 2011

Got another call this morning from a local bank in Salinas, California, for an agricultural equipment appraisal for the purposes of collateral lending.

The more appraisals I do down in the Salinas Central Coast agricultural area (including the counties of Santa Cruz, Santa Clara, Monterey, San Luis Obispo, Santa Barbara and Ventura), the more I appreciate the level of agricultural the local farmers are sustaining. I heard recently that California’s Central Coast is one of the most highly mechanized agricultural areas in the world. Whether that is provable or not, the antidotal evidence points to its veracity!

Ag Equipment Appraiser at Colusa Farm Show

February 21, 2011

February 1 dawned clear and windy, a perfect day for the Colusa Farm Show, just a few miles down the road from our Northern California Equipment Appraisal Office here in Yolo Co. So we set up call forwarding from the office phone and spent the day at “the Granddaddy of Farm Shows,” admiring farm equipment and chatting with dealers, manufacturers, farmers, dairymen, ranchers and other fans of agricultural equipment.

Agricultural Cost Segregation Studies: What’s Available for Depreciation?

August 25, 2010

Agricultural Cost Segregation Studies are the up & coming smart tax move here in the Sacramento Valley, agricultural center of California. And it’s about time: Although cost segregation studies have been available for decades, they’ve only recently hit the mainstream. Agriculture business folks in Northern California are realizing what a great benefit these studies can be to their bottom line.

The general concept of Cost Segregation Studies, in which personal property—such as removable flooring, plumbing and electrical components connected to personal property—are segregated from the real property of foundations, walls and other structural components, works well for properties such as office complexes, apartment buildings, single-family rental units, manufacturing plants or shopping malls.

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