No. According to the IRS you are in the business of farming if you cultivate, operate, or manage a farm for profit, either as owner or tenant. A farm includes livestock, dairy, poultry, fish, fruit, and truck farms. It also includes plantations, ranches, ranges, and orchards and groves.
In the case you describe you are not operating for a profit. You are not leasing the property or using it to raise cattle for a profit for you. In this case there is no business income to deduct.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
