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bartchfamily
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Where do I deduct the cost of new pecan trees for my orchard. There is not much guidance on agriculture. I purchased $8,000 new trees last year to add to the orchard,

I have a pecan orchard and apiary.  I expanded my orchard last year by 10 acres and added 120 new trees.  How do I deduct the costs of the new trees

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Anonymous
Not applicable

Where do I deduct the cost of new pecan trees for my orchard. There is not much guidance on agriculture. I purchased $8,000 new trees last year to add to the orchard,

fruits or nut trees and vines. Depreciate trees and vines bearing fruits or nuts under GDS using the straight line method over a recovery period of 10 years. from irs pub 946

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