|
| |
Raising alpacas can be rewarding both financially and as a lifestyle. Use this resource center for business tips, investment planning, and healthy living as a successful alpaca breeder. |
|
| |
|
| ALPACA FINANCIAL ASPECTS: AN OVERVIEW |
| Methods of Financing Your Alpaca Purchase |
| Most alpacas are sold for cash. Many buyers convert other assets to purchase their first alpacas. Some people have a line of credit for investment purposes; others use their equity in real estate to secure funds.
ALPACAINFO |
|
| ALPACA TAX ASPECTS: AN OVERVIEW |
| Tax Consequences of Owning Alpacas |
| Those considering entering the alpaca industry should engage an accountant for advice in setting up your books and determining the proper use of the concepts discusses in this brochure. A very helpful IRS publication, #225, entitled The Farmer's Tax Guide, can be obtained from your local IRS office. ALPACAINFO |
|
| ALPACA FINANCIAL ASPECTS: AN OVERVIEW |
| Financial Observation |
| The major tax advantages of alpaca ownership include the employment of depreciation, capital gains treatment, and if you are an active hands-on owner, the benefit of off-setting your ordinary income from other sources with expenses from your ranching business. ALPACAINFO |
|
| Hands-On Alpaca Ownership |
| There are essentially two ways to own alpacas. The first approach is to simply purchase the animals and begin raising them. The second approach is to purchase the animals and place them in the care of an established breeder. ALPACAINFO |
|
| Capital Requirements |
| Prices for shelter, fencing and labor vary widely based on geographic location, as well as individual needs and tastes. For example, some alpaca breeders will opt for a $500 carport structure as a shelter for their animals, whereas others might spend upwards of $100,000 or more for a state-of-the-art breeding facility and showplace. ALPACAINFO |
|
| Alpaca Values |
| An alpaca rancher with a small herd on a small acreage can expect to harvest his animals' fleeces and sell their offspring profitably. The value of alpaca fleece and finished products made from that fleece is the economic underpinning of the future market for alpacas. ALPACAINFO |
|
| Supply and Demand |
| The market for alpacas has been moderated by the effects of relatively slow herd growth. As of early 2006, the total population of registered alpacas in North America is over 70,000. ALPACAINFO |
|
| Who Buys Alpacas? |
| Alpaca breeders come from many walks of life. Increasingly, alpacas are becoming an
important source of income for many people. Entire families are full-time alpaca breeders.
Young couples with children might own three or four alpacas and enjoy caring for them.
ALPACAINFO |
|
| Why Alpacas |
| Why do people in so many countries call alpacas "The world's finest livestock business?" For any business asset to be valuable, it must possess certain qualities that make it desirable. ALPACAINFO |
|
|
|
|
|
|
|
|
|
|