Posted by VicS on July 28, 2020 at 11:47:25 from (174.214.49.72):
In Reply to: Re: Hobby farm posted by DeltaSteve on July 28, 2020 at 10:57:45:
I live in Il. Don't need to do anything. Just keep records of expenses and income. You can take your pickup and equipment off also and deprecate them also. Can take off on horses too if they are held for sale. And you sell one every once in a while. But you should go to a CPA that handles other farms. They will make you money.
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