what is the difference in a name. Farm VS Ranch.

[twentynine]

Name your place whatever you want, it's all semantics anyhow!

 

[Bob777]

I've lived on 1,000 acre farms and now live on a 40 acre ranch. A ranch is for grazing and a farm is for cultivating. Most answers delivered here are from what we've always heard it called but the reality is that certain parts of this world and our nation simply will not support cultivation. Some have large and or small farm/ranch combinations but with very selective crops and rotational grazing. Some ranches like ours is a section of many different acreages and each sub divide is classified as to accordance of the crops or livestock. I knew a guy that had a worm ranch and here you go back yard chicken folks, a chicken ranch! We can continue to call our places whatever we want to but there still is correct classifications. Enjoy where you are and what you're doing. Without that, it doesn't matter what you call your thriving enterprise..

 

[Kindpharm]

I was hoping to find some help with tax information with claiming farm over ranch...

I have been told there are better tax exemptions for claiming 'ranch' over 'farm' and I am searching high and low to figure this out on my own and there is WAY more info than I am able to get thru in my lifetime! So I am now searching for an accountant that is familiar with Ag tax options.

I hope that in the time of this post and today you have got it better figured out! I am just learning and I seem to fall short in the capable to learn new things department...

 

[drumstick diva]

Sorry I can't help but to suggest - this is an old thread and probably not attracting many viewers. Start your own thread.
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