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Taxes and Tractors
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Posted by Alabama on March 06, 2002 at 09:34:32 from (205.174.143.2):
I got hit pretty hard this year with taxes. I don't farm for a living but do own enough land to have a hobby farm. I need a tax write off next year. I plan on building a house on my land but in the mean time I can not deduct the land expense nor any tractor parts I buy. Has anyone re-built a tractor and claimed it as an expense paid out by the farm? Could I get away with putting a crop on the land and claiming all expenses out there as farm expenses? I'm thinking yes, but I would appreciate anyone with experience in this to comment.
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The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
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