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Hobby farming can make sense if you want to own a lot of land as an investment. If you don't farm it, in most states it gets assessed at a much higher residenti
by zekevermillion 11y ago
Hobby farming can make sense if you want to own a lot of land as an investment. If you don't farm it, in most states it gets assessed at a much higher residential rate for tax purposes. So it pays to farm, even if the business is break-even.