Re: How Much Is Your Apiary Worth$?
Mr. newbee are you asking about cost or worth? I would think for those running a business and not a hobby fly by night you could just go to your accountant and ask him. I think the answer you would get would be the viewpoint of the IRS or a Bank when applying for a loan. There are rules for depreciation. You can't just buy a 30,000 truck and depreciate the whole thing. You also can't depreciate the whole thing over the allotted time and then sell it for 10 grand without giving back to the IRS. I don't know what the schedule would be for bee wooden ware. I am sure the schedule would be different for the mechanical equipment. Problems do arise if you sell a business and don't know what the value is. You wouldn't want to pay capital gains for 100%. I am not sure what happens when you hand it off to a family member. I am sure some value has to be set.
Zone 5a, Practicing non-intervention beekeeping