[Alpacasite] Re: tax question

Thanks for all the information its all really helped.

--- In Alpacasite@yahoogroups.com, "rchczc" <Radched@a...> wrote:
>
>
> Hi Kitty,
>
> I would talk with an accountant, but I did have friends who raised
> sheep, and leased some county land that already had barns and fences
> on it for their sheep and horses. I can't imagine why you wouldn't
> be able to write off any expences. They had a working farm (not a
> hobby), so I would think they encluded it in their taxes, but I never
> asked. Hopefully you would be able to get a very long term lease -
> fencing and shelters are expensive, and if they decide to sell the
> land in a few years you would be out of luck.
>
> Heidi Christensen
> Graham WA
>
>
> --- In Alpacasite@yahoogroups.com, "kittyk546" <kittyk546@y...> wrote:
> >
> > --- 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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