tag:blogger.com,1999:blog-31350666.post3288528290731656156..comments2024-03-12T18:10:53.002+11:00Comments on Enough Wealth: Net Worth: April 2014enoughwealth@yahoo.comhttp://www.blogger.com/profile/09371028394685288035noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-31350666.post-43228035434763412662014-05-25T10:05:56.408+10:002014-05-25T10:05:56.408+10:00A hobby farm can provide some tax benefits (in the...A hobby farm can provide some tax benefits (in the form of deductible expenses that reduce your current income tax), but the rules are more strict than other negative gearing opportunities (eg. investing in rental housing). You basically can only claim expenses if the farm is making a profit (so it's the same as any normal business expense deduction) or has a large amount of capital invested Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31350666.post-17056973132945413012014-05-13T21:54:13.094+10:002014-05-13T21:54:13.094+10:00Congrats on getting closer to your goals. It is go...Congrats on getting closer to your goals. It is good to see somebody's is making it there. Financial Independencehttp://www.niterainbow.comnoreply@blogger.comtag:blogger.com,1999:blog-31350666.post-59843598810291072102014-05-10T20:30:47.632+10:002014-05-10T20:30:47.632+10:00Are there substantial tax benefits with a hobby fa...Are there substantial tax benefits with a hobby farm?Anonymousnoreply@blogger.com