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Business & farm
Thanks. I appreciate the answer. I'd like to explore the intent to start a farm portion of this. The initial part of this build is clearing the land to create pasture for the future farm. Hence the reason I purchased a tractor which will be used on the farm. If we never built we would still be clearing the land for farm land. If I removed any expenses that are specific to a home build (at this point just landscaping) and just included those expenses necessary for the establishment of a farm could I still deduct those expenses?
‎April 18, 2023
5:19 PM