Thanks Kev, I know you are knowledgeable in this area and appreciate your comment. I am scheduled to meet my accountant in a few weeks and getting paranoid I may be missing something. I am expecting a big tax bill but long term I still believe it’s the best move.
In this case I do think it was right doing the conversion due to the explosive growth. When you look at normal 6-8% investment returns you should take current and future tax brackets into account. However, with the kind of explosive growth we’v Seen and still likely to see (nice numbers Sam - thanks) paying taxes on the seeds should be cheaper than paying taxes on the crop
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