Why choose alpacas as a livestock option? There are many answers and different people will tell you different reasons. As for Paul and I, the ease of raising these beautiful animals played a big part in our decision as well as for our love of animals, for the investment and for the business opportunity it presented. We had no prior experience in raising livestock, yet working and being around the alpacas was easy and took little time out of our day. We spend more time just watching them and being with them then we do actually having to work. They can relieve the stress of a hectic day.
Another bonus to raising alpacas is that you will join a community of fun and friendly alpaca breeders. The industry has some of the best people you will meet. Always willing to help each other out, you will never be alone. We will always be there to answer your questions or give you a hand. See for yourself...find a local alpaca show in your area and meet the farms. We also recommend visiting several farms, meeting breeders and asking questions. You will learn a ton from us and our many experiences. Paul and I are proud members of the Alpaca Fiber Co-Op of North America, The Alpaca Owners and Breeders Association as well as The Great Lakes Alpaca Association.
Don't forget that alpacas make a fantastic investment opportunity as well. After making your initial alpaca purchase, which may be tax deductible (contact an accountant familiar with farm tax law for details), you will grow your herd, thus growing your initial investment. So many refer to alpacas as a tax-deferred investment as you postpone paying income tax on your growing herd until you begin to sell. And alpacas are an insurable investment, guaranteeing that even if you lose your stock you will still be compensated for it. Can't say that about the stock found on Wall Street.
And as mentioned earlier, alpacas offer some major tax advantages. Some include being able to depreciate your breeding stock purchases and if you are an active hands-on owner, you can benefit from offsetting your income from other sources with expenses from your alpaca farm. That's right, if your alpacas are being raised for profit, all the expenses attributed to your business can be written off against your income. Some of these expenses would include feed, vet care, travel, breeding fees, etc.
Then others purchase alpacas just keep as pets or to have their own supply of alpaca fiber, which is softer and warmer than wool and stronger than cashmere. Also, it doesn't contain lanolin, therefore it's hypoallergenic. Weavers, spinners, knitters and fiber artists all agree, there's nothing quite as nice as alpaca fiber.
We have been involved in the industry since 2007 and we are excited about the future. We, the alpaca breeders, are the founding fathers of a growing industry which continues to grow. With a North American herd that is increasing in size, a demand for our fiber through resources like the Alpaca Fiber Co-Op of North America and various co-ops around the country, and with marketing projects like the forming of Alpaca United (headed up by Cotton Inc. former President and CEO Nick Hahn), the future looks bright. Join in our excitement.....contact us today to talk about your future.
LA's Stormy Knight and LA's Moonlit Lilly