[Trapped Behind Enemy Lines]

Again.

If you own the land, and you own the herd of cattle, sounds to me like you own a business and you are not retired at all.

I guess my definition of “retired” means not working at all, either for yourself or someone else.

[HotHunt]

By definition, a business has to make a profit or it is not a business. This from my days as a business major in university.

We have to sell some cattle to have any revenue. We're still breeding and growing our herd. Our expenses far exceed any revenue we anticipate in the foreseeable future. And a profit is not even on the horizon. Trust me, this operation won't turn a profit for years.

Maybe you think we're not retired. Try looking at this as our lifestyle choice and not as a business for profit in the conventional sense. A big, expensive hobby, if you will. Color outside the lines a little. Then you'll get the idea.