Breeding alpacas has many opportunities for financial and personal benefits. Here are just a few avenues to consider:

• Sale of alpaca to other breeders
  
• Sale of alpaca products through your farm, your website or craft shows
  
• Stud services offered from your herd sires
  
• Boarding other people's animals at your farm.
  
• Offering Consulting services to new breeders
  
• Hosting educational seminars at your farm
  
• Sale of alpaca dung as fertilizer
  
• Excellent tax relief through many deductions
  
• They are fully insurable.
  
• Tax deferred wealth building

People invest in alpaca for many different reasons- Here are a few

• Primary source of income
  
• Part time business venture, supplemental income
  
• To teach children responsibility or for 4H activities
  
• Retiring couples
  
• Hand-spinners for personal fiber production
  
• For a rewarding total family experience
  
• Many vets have become breeders
  
• Some invest to build a herd for their children's college costs
  
• Some have moved their stock based IRA into an alpaca funded retirement plan- either through loans or self directed IRAs
  
• Some invest and board with a farm due to lack of land or who want to enjoy the financial benefits without the care-taking
  
• Some have several as pets
  
• Some have been previous horse breeders who find alpaca easier to handle and show.
  
• Some simply want a lifestyle change
  
• The demand for alpaca fiber far exceeds the ability to supply, which enables a strong market for the future
  

FINANCIAL ASPECT OF OWNERSHIP -

ALPACA OWNERSHIP / FINANCIAL BENEFIT -

TAX CONSEQUENCES OF OWNING ALPACAS -