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Sep 11, 2024
9:32
:38
pm
southbaycoug
Political Junky
Truck, fuel, feed, supplies (fencing, barn, troughs, etc). Pretty much anything
You legitimately use to support your farming.
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southbaycoug
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southbaycoug
Joined
Jan 11, 2010
Last login
Sep 20, 2024
Total posts
2,283 (65 FO)
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Messages
Author
Time
Farmers, I'm told I need a small "farm" because of so many tax write-offs. Are
qwerew
Sep 11, 9:09pm
In Virginia my friend only has an acre but they put 2 vicuñas on it so they
Longseason
Sep 11, 9:14pm
I have small farm tax write offs. I live on just under 6 acres and raise pigs
southbaycoug
Sep 11, 9:17pm
thanks. so what things qualify for "farming related expenses"?
qwerew
Sep 11, 9:31pm
Truck, fuel, feed, supplies (fencing, barn, troughs, etc). Pretty much anything
southbaycoug
Sep 11, 9:32pm
thanks. so can a person expense out more than you bring in and decrease your
qwerew
Sep 11, 9:38pm
Yes. The business can have losses. I’m not a tax expert but I believe there
southbaycoug
Sep 12, 9:50am
thanks. that makes sense on the limits.
qwerew
Sep 12, 11:24am
2.5 acre “farm” here. Raise chickens and goats. Zoned ag land, so save a ton on
Flippy
Sep 11, 9:23pm
thanks. and you get "free range" eggs to boot.
qwerew
Sep 11, 9:33pm
What state is this in? Are you near a major city?
Iman23
Sep 11, 9:41pm
just watch Clarkson's Farm on Prime and you'll learn all you need to know about how easy and lucrative it is to start up
byujag
Sep 12, 8:45am
I watched all 3 seasons. Fun show. I don't need my hobby farm to be lucrative bu
qwerew
Sep 12, 11:20am
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