Chickens and taxes

jjdward

How bout them DAWGS!
10 Years
May 4, 2009
1,321
3
199
Buchanan, Georgia
I have about 50 chickens and I was wanting to come up with a Farm Name so to speak then I thought about something. Are there any tax advantages to having a "farm"? What makes a "farm". I am going to start breeding and selling some in the future so I will need all the help with money I can get. I live in Georgia. Thanks in advance.
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Well, if you could establish that breeding and selling chickens is a business, and not a hobby, you could deduct the costs of raising them.
 
Why... you PM me and I'll talk you thru it.

Really it's not much fuss, if you take some reconrds now, you can deduct "start-up" expenses off your taxes and you don't need to sale anything to do that just "intent" to sell.
 

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