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Farm Loss
We have been filing a farm loss for over ten years, 2 to 3 thousand a year. we owe a required, annual irrigation dues and we are required to clean our section of the ditch each year. We will always have some kind of expense. We maintain and care for 100 grape vines and have had occasional success in the past but not very much recently. We need advise on how best to proceed. Should we just stop claiming the farm?
Thanks for the help, mq
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Farm Loss
This article is a few years old, but may be helpful:
How Many Consecutive Years Can You Claim a Farm Loss? (pocketsense.com)
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Farm Loss
Thank you.
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