Farm expenses. We have a small farm that we rent. It is used for our purposes only. No sales, no employees. Can I deduct the cost of feed for the animals?
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Farm expenses. We have a small farm that we rent. It is used for our purposes only. No sales, no employees. Can I deduct the cost of feed for the animals?
Farm expenses. We have a small farm that we rent. It is used for our purposes only. No sales, no employees. Can I deduct the cost of feed for the animals?
Sorry but no. Personal use animal care falls under the classification of pets or hobby. Farms are a for-profit business.
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