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Farm animals tax deductions

post #1 of 4
Thread Starter 

We keep our chickens and cows at a neighbors farm. Can we still calm buying and selling of cows/chickens. 

post #2 of 4
Yes, keep your receipts, but many farmers keep animals on other people's land (usually they are renting). Just keep receipts and consider talking to a accountant this year, at least until you understand all your tax laws.
As a working farm, we always work through our accountant.
post #3 of 4

:welcome

 

Talk to an accountant. Please, please don't take the advice of folks on the internet for something like this without verifying with a professional.

Rachel BB

Stem cell transplant from unrelated donor in Feb 2015. Thank you to all my friends here on BYC for all your support during my treatment and ongoing recovery!

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Rachel BB

Stem cell transplant from unrelated donor in Feb 2015. Thank you to all my friends here on BYC for all your support during my treatment and ongoing recovery!

Reply
post #4 of 4
Agreed - definitely see an accountant.

Chickens off and on for 25+ years and still learning.

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Chickens off and on for 25+ years and still learning.

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