[Alpacasite] Re: tax question
--- In Alpacasite@yahoogroups.com, cloud dancer <clouddancer@i...> wrote:
>
> Hello KittyK546,
>
> You wrote
> ____________________________________________________________
>
> Message: 10
> Date: Fri, 02 Dec 2005 10:17:08 -0000
> From: "kittyk546" <kittyk546@y...>
> Subject: I have a tax question....
>
> hello.....i was reading the tax benefits on owning alpacas and i was
> wondering if i owned
> them on a piece of county property(not mine) but i took care of
> them(putting up
> shelters,fences, shearing them, feeding them and paying for everything
> out of my own
> pocket)would i still get the tax benefit depreciated from my other job?
> ------------------------------------------------------------------------
> ------------------------------------------------------------------
>
> What do you mean by County property (not yours)? Do you mean you want
> to 1) board on someone else's private ranch, or that you want to 2)
> build a farm on public land owned by your County?
>
> The answer will vary depending on what your plan is, but the short
> answer to the second scenario is that you can't do it.
>
> Take care,
>
> Deb
>
> Cloud Dancer Alpacas
> Flagstaff, Arizona
> Where Magic Happens!
> http://www.clouddanceralpacas.com:
>
i meant public land owned by the county sorry for the mix up.....do you mean i can't get
the tax depreciation from a second job for owning and taking care of alpacas on county
land or that i can't set up a farm on public county land? because the farm is already set up
with the county approving.
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