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Because there's huge benefits to having a Schedule F on your federal tax return.
by debacle 2y ago
Because there's huge benefits to having a Schedule F on your federal tax return.
- cryptonector 2y agoYou also can get exemptions on your property taxes in many states for the land under agriculture. You could end up: - living off the land - paying low taxes on your homestead (house + 1 acre) - paying almost no taxes on your ag land (all but 1 acre) - stretching your savings for many more years than you'd have any right to otherwise