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SLamers
Level 2

Agricultural Land Conversion Charge

We purchased some former agricultural land in 2021 and in 2023 were charge a conversion fee as we will eventually build a home there. My question is, is the conversion charge tax deductible?

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‎January 24, 2024 4:49 PM
last updated ‎January 24, 2024 4:49 PM
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DaveF1006
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Agricultural Land Conversion Charge

It would not be deductible on the federal level but possibly on the state level depending on the state where you live.

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‎January 25, 2024 9:17 AM
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