Re: Fruit Trees
- Subject: Re: Fruit Trees
- From: &* K* <J*@minco.com>
- Date: Fri, 13 Feb 2009 08:41:45 -0600
Also my cousin has a small orchard on his land and he has his land listed as
agricultural land for tax purposes depending on your local ordinances you
might qualify for that also. the ordinance where I am you need to own at least
10 acres and have at least 80% AG. before you qualify but every township is
different....
>>> mltovar <mltovar@wooden-clockworks.com> 2/13/2009 8:18 AM >>>
I don't know where you live, but I would check with the local
Agricultural People to see what grows there. If you intend to sell
your harvest and declare it as income you need to check into the Fed.
Tax. exemptions on crops. You could write off most of your expenses for
the first few years until the trees become productive. There is much
to consider here. There are long term crops and annual crops like
tomatoes, pumpkins, carrots etc. A business plan would be helpful.
Makes me wish I had some acreage.
marc
Layton, UT
Steve Haberman wrote:
>With the impending economic situation, we have decided to use more acreage
>for food crops this year. I am still going to grow a pumpkin patch and an AG
>or two. However, we decided to start a small "orchard". We had a small, but
>old and "burnt out" orchard on the property, but I allocated the space to
>livestock.
>Any suggestions from my friends out there on varieties of apples, peaches,
>pears or plums? I know the general time frame for what to expect on such a
>project, but need some advise. We want some production available within 5-10
>years. At that point, the kids will be old enough to do all of the work!
>I know this is short and rather vague on the situation but would take some
>advise.
>Thanks All!
>
>Steve Haberman
>
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