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I have heard of someone who has a regular job, but raises one or two head of livestock a year and sells them for slaughter. This way they get the ag tax benefit
by imglorp 5y ago
I have heard of someone who has a regular job, but raises one or two head of livestock a year and sells them for slaughter. This way they get the ag tax benefits for income and their land.
- devilbunny 5y agoThere's a large plot of land along a highway outside Fort Worth that is definitely prime development land. The owner keeps a few cattle on the land, qualifying it for agricultural property taxes instead of the much-higher residential rates. Until the land is bid up high enough to make it worthwhile to sell, the ranching operation is enough to keep it inexpensive to hold onto and provide some deductions.