415533
Total property size is 123 acres - 16 acres are rented as farmland.
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Unfortunately, unless the area that was sprayed is also your rental property, that cost would not be deductible on Schedule E.
If you report the timberland on Schedule F (farming/agriculture) or Schedule C (business), you would be able to deduct the cost of the spraying as a Farm/Business Expense.
Unfortunately, unless the area that was sprayed is also your rental property, that cost would not be deductible on Schedule E.
If you report the timberland on Schedule F (farming/agriculture) or Schedule C (business), you would be able to deduct the cost of the spraying as a Farm/Business Expense.
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