Yunding Ranch

Chapter 10 Dilemma
"Sir, do you have an appointment?"

The close-fitting black bandage skirt completely outlines the curves of the beautiful figure, and the long golden hair hangs neatly and snugly, like a smooth waterfall. The pure natural color complements the black skirt and the red lips , the hormonal breath is everywhere, like a proudly blooming rose, adding a touch of spring to the cold and cold air of the law firm.

Lu Li regained his focus and nodded, "Yes, Mark Foster. I'm Lu. I have an appointment at [-] o'clock in the afternoon."

The beauty in front of her looked down, and then she showed a decent smile, "Mr. Lu, Mr. Foster is waiting for your arrival. Please follow me." Then, she gracefully led the way ahead and led the landing Li walked into this famous law firm.

Compared with the Sotheby's auction house just now, Lu Li's mood at this time is a bit mixed. It is a gift from a stranger, and it is also an inheritance. It is difficult to find an accurate language for the mixed feeling of honor and confusion, happiness and regret. .The biggest question in Lu Li's mind right now is: Why him?

Not sure if this answer can be found here Mark.

The pair of ten-centimeter-high red high-heeled shoes under the feet stopped in front of them, turned around, and the long blond hair was thrown behind him like a waterfall, "This is it."

Lu Li looked away, nodded at the tall beauty in front of him with a smile, and then walked into the office in front of him. The beauty stood at the door and asked, "Mr. Lu, coffee or tea?"

Lu Li didn't know the bottom line at all, but he didn't show the tension in his heart at all, and replied calmly, "Tea, no need to add sugar."

The beautiful assistant nodded politely, then backed out, closing the office door behind her.

"Good afternoon, welcome to Will, Gaucher & Manges Law Firm." Mark, who was sitting behind the desk, stood up and motioned for Lu Li to take a seat. He rummaged through the documents and sat up straight, "Excuse me, are you ready?"

Lu Li temporarily put other thoughts aside, his first priority now is to figure out the ins and outs of the matter, and then make follow-up plans.He nodded in agreement, then took the document from Mark, and an explanation sounded in his ear, "This is the ranch owned by Ms. Elizabeth Allen..."

Liz's ranch is located in Texas, between Austin and San Antonio, and belongs to a small town called New Braunfels. It is a small town with a population of less than 5, but there are more than There are 45 large and small pastures, which can be regarded as the largest concentration of pastures in Texas after the Northwest.

This piece of land called Beech Ranch is not that big, only 600 acres, which is [-] square kilometers, or about [-] million square meters. It can only be regarded as a small and medium-sized ranch in Texas.

The Beech Ranch is a family business that has been inherited for three generations. Unfortunately, since Liz’s husband passed away five years ago, Liz has supported the operation of the entire ranch by herself. To the point of debt, but it is indeed difficult; to make matters worse, after Liz's death, there is no successor at all, which also makes the future of the ranch even more uncertain.

After valuation, the current value of Beech Ranch is 330 million US dollars, including not only the land, but also some legacy properties inside, including cattle, horses and the like.For a [-]-acre small and medium-sized ranch, this is really cheap, even far below the market price. It is conceivable how exhausted Liz has been running this ranch in the past few years, but now, this The burden fell into Lu Li's hands.

Running a ranch has never been an easy task. Although it is said that professionals can be responsible for the professional work on the ranch, as a rancher, you must also have sufficient understanding. Laymen will only be a disservice; more importantly, ranchers are very important to the whole The operation, management and planning of the ranch must be well-thought-out. Otherwise, the ranch will only gradually enter a dead end, and the dawn of development will never be seen again.

Even for a rancher like Liz who inherited the family business, it is already so difficult to manage, let alone a layman like Lu Li?
Although the Beech Ranch is a gift from Liz, the current Beech Ranch is more like a hot potato than a gift.Not only could Lu Li not be able to profit from it immediately, but he also needed to continuously increase his investment—there is only output if there is input, otherwise he would not be able to improve the current situation of the ranch at all, and would end up with nothing at all.

This reminded Lu Li of that painting of Degas.

Of course, objectively speaking, after the Degas auction, Lu Li has enough funds to reinvest in the construction and operation of the ranch, but can he really turn the ranch into a profit?Is such an investment really a wise choice?Now that he already has the first start-up capital, he can invest it in other projects. Even if he does not invest, he can use the money to improve the current situation of his family. Relatively speaking, it seems that choosing a ranch is not a wise choice.

However, the spring water and soil in the space ring, can this be an opportunity for the development of the ranch?Lu Li couldn't help but start to feel a headache. It seems that having too many choices is also an annoyance.

"What about the inheritance tax?" Lu Li knew that things were not that simple. Even if the pie fell from the sky, the person standing on the ground must have enough ability and pay a certain price in order to catch the pie and digest it. , otherwise it is very likely that he will be smashed to death before being strangled to death.

Mark searched the table for a while, then pulled out a document and handed it to Lu Li, and explained, "Currently, the starting point for the collection of inheritance tax in the United States is 100 million, and the tax rate varies according to the excess amount." Mark After a pause, he raised his head, "Are you holding a long-term residence permit, or..."

"Student visa." Lu Li replied.

Mark nodded in understanding, "Then the procedures are much simpler. The tax you need to pay is 20.00%. You can see the number in the list directly below."

Lu Li looked down, scanned it again, and couldn't help but gasped: $46.

"However, because you hold a foreign passport, the tax exemption amount is very low, only [-]. The final tax amount is the result of deducting [-] from that figure." After Mark finished explaining, he paused for a moment, leaving time to spare Give Lu Li something to think about.

This also means that Lu Li needs to pay 40 in taxes and fees. Only after paying this fee can the Beech Ranch officially complete the change of ownership.

Just in the morning, Lu Li was still rejoicing that the appraisal fee of 40 yuan could be exempted, and now there is 260 inheritance tax in front of him, which is equivalent to more than 24 million yuan... just less than [-] hours ago, He is still a well-behaved international student with an ordinary family background, and now he has started to withdraw millions of RMB. This kind of gap made Lu Li's heart beat a little out of control.

Wait, Sotheby's still has a 13.00% commission...how much is that 500% if the transaction amount is $13.00 million?Moreover, if the inheritance is inherited, the daily expenses and follow-up investment required for the ranch itself...

Lu Li couldn't help but burst out laughing as a series of numbers surged in his mind - he still hadn't adapted to the current situation, it was indeed difficult to digest so much information in just one day, he could only think like a poor student now, This is definitely not going to solve the problem.Therefore, he needs to calm down temporarily.

"What if I can't pay the inheritance tax?" Lu Li directly asked a more realistic question - this is another way he handles the inheritance. At least, if he didn't find the ring space last night, he will now It can only be handled in this way.

Mark wasn't surprised either, in his opinion, Lu Li was just an ordinary college student, and a lot could be seen from the details of riding a bicycle to work yesterday, so his expression didn't change at all, "You have two choices. First, go to the bank to get a loan, use the ranch as collateral, the bank will be willing to give you a loan, by the way, you don't have a student loan, right?" Lu Li nodded in affirmation, "Very good! Then the bank will pay for you first For this fee, you can then repay the bank loan every month. Second, you can directly auction the ranch, and part of the profits from the auction will be used to pay inheritance tax, and the rest will belong to you personally.”

Lu Li adjusted his sitting posture and fell into deep thought for a moment.

Immediately, things were much simpler, and the legacy was a gift.

If Lu Li despised it as a burden, he could have auctioned it off and exchanged it for cash. With the addition of the Degas painting, he now had the opportunity to choose his own life again, but... what should he choose?This is a question that has never really entered his mind for the past three years. The office worker seems to have always been his only choice. The difference lies in whether he wants to work hard to stay in the United States or go back to a big city in China to find a job.

If Lu Li wants to keep this ranch, he needs to face the severe problem of turning losses into profits.

This seems like a very simple multiple choice question.But this was not only a gift from Liz, a gift worth thousands of dollars; it was also an opportunity to rethink himself and examine the future. Lu Li couldn't help thinking of Fred's question last night again.

Lu Li took a deep breath, temporarily suppressed his thoughts, raised his head and looked at Mark in front of him, "Is there a time limit?"

"What do you mean?" Mark didn't understand the question.

Lu Li explained, "I was thinking, if I can go to the ranch to have a look first, understand the specific situation, and then make a decision."

"Of course." Mark nodded, "All the heritage inventory of the ranch has been completed. I will notify my colleague in Austin and let him guide you to visit the ranch." Then he rummaged through the materials on the desktop. Fan quickly found three business cards, and he handed one of them to Lu Li, "Just contact him after you arrive in Austin. We'll talk again after you come back to New York."

Going to the ranch in person, maybe you can find some clues to answer Liz’s question about why he left the ranch to him; maybe you can help him make a decision on how to deal with this gift; Future re-planning.In this way, even if he finally auctioned off the ranch, at least he gave Liz an explanation, which is the most basic etiquette as a friend.

He decides to head to Beech Ranch!

Suddenly, Lu Li remembered Alice's invitation.Originally, he refused to go to Miami because he had to stay in New York to work, rather than having other plans; but now, the plan has really changed, and he needs to go to Texas. It seems that during the next spring break, he life will be very fulfilling.

Is this just a coincidence, or a joke of fate?

(End of this chapter)