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Friday, December 02, 2005

Re: [Alpacasite] I have a tax question....

The etiquette on this site is for you to sign your posts and
indicate where you live. That will help everyone give3 you a more
accurate answer.

Jim Cobia
Cobia Corner Alpacas
HIlton, NY 14468

At 05:17 AM 12/2/2005, you wrote:
>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?.....i read that if you
>agist and have somebody else taking care of them you don't get the
>depreciation from a
>second job...only a depreciation from the maintenance of your
>alpacas...but i was just
>wondering about what if its not on a particular person's property
>and im taking care of
>them because i read if you have them on your property and take care
>of them you get a
>depreciation from a second job.....this is somewhere in the middle i
>guess..so does
>anybody have an answer for this question?
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