In Reply to: Water in Oil posted by jerry on November 22, 2017 at 15:31:23:
Either bad head gasket or cracked head. Heck, it could be as simple as the head wasn't torqued down properly. The problem is by no means fatal to the engine.
Before I pulled it I would try retorquing it. Just to see.
Problem would knock $1500 off the price of a very good model tractor.