Posted by Dave H (MI) on February 09, 2018 at 11:39:19 from (50.108.101.201):
In Reply to: Hobby Farmers posted by Morgan in ar on February 09, 2018 at 10:38:45:
I think you are worrying too much about labels. What is labeled a hobby for taxes, is not a real life label any more than taxable profit is equal to real profit. I think a farm is a farm if it produces a farm product and you sell it for money and it is done on a reasonable scale sufficient to provide a portion of your income. Mine has always fit that definition, even though it provides only a small part of my income. No one would ever come to my place and call it anything other than a farm. A farm is also a farm, even if it is no longer used by the owner for that purpose but remains essentially unchanged. A retired engineer could buy a farm and it would still be a farm even if he never broke ground with a plow. The whole "hobby" farm thing applies more to people who keep animals for personal pleasure or grow large gardens. Around here that generally can be found on up to 10 acres and usually includes small buildings. But it is all just words.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
... [Read Article]
Latest Ad:
Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
