4 ms·
Many are in use, often with operations leased out. This produces some modicum of revenue to cover the farm designation. The real upside is the ownership and ass
by TuringNYC 6y ago
Many are in use, often with operations leased out. This produces some modicum of revenue to cover the farm designation. The real upside is the ownership and associated capital appreciation w/o as large an annual carry given reduced property taxes.
On the east coast you often see alpacas; their fur get harvested periodically.
Unfortunately these tricks are common in many states, especially in high tax states with wealthy residents trying to dodge taxes.