My one neighbor who is now deceased filed a schedule F every year but had tremendous off farm income which predated his farming efforts. He always bought equipment of which the depreciation or Section 179 expense zeroed out his taxable income. He was the favorite customer of the local NH dealer as he was always buying new iron. Rhetorically, I would consider him a hobby farm as his non-farm career came first and if push came to shove he would continue his non-farm career over the farm. His farm as it was would not have existed without the off farm income. But with all the money he had to throw around nobody would ever call him a hobby farmer as he would cross the street for business if you offended him. He was far from the only one that built a farm business from non farm income around these parts. I would say that the only ones doing things around here are doing so because they have off farm investors or income to work with.
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Today's Featured Article - Choosin, Mounting and Using a Bush Hog Type Mower - by Francis Robinson. Looking around at my new neighbors, most of whom are city raised and have recently acquired their first mini-farms of five to fifteen acres and also from reading questions ask at various discussion sites on the web it is frighteningly apparent that a great many guys (and a few gals) are learning by trial and error and mostly error how to use a very dangerous piece of farm equipment. It is also very apparent that these folks are getting a lot of very poor and often very dangerous advice fro
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