Apr 11 2009

Hobby Ranches

Published by at 6:15 pm under General Information

Some owners of recreational ranches may also qualify for IRS tax deductions and losses.  But the tests for qualifying are oftentimes overlooked or misunderstood.  Click this Cattlegrowers blog link for an overview of IRS Guidelines.  Next week I will write about some general County guidelines for retaining your Ag. real estate tax status. As always, check with your qualified CPA or tax attorney for specific advice. http://www.cattlegrower.com/CheyenneOutlaw/blog/147/

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