So the property and all expenses accordingly are considered business expenses and a write off. Do you actually farm the property? Farm it for what? Cows? If so then how are you openning your farm of 60 or if I understand you saying you gained 20 acres of hay field and 20 acres of pasture on top of that 60to 4 hunters for 2 weeks and have cows in the pasture field; for a $1000? Or did you buy the property as a "Farm" and are selling the hay as your farm product to consider it as a taxed farm land? So, your truck, tractors, fuel, fence, gate, all is a expense write off then right? Or do you actually not cut the hay yourself but lease it to another farmer to cut and lease the pasture to another farmer to pasture livestock in part of the season? How do you have a "partner" assume a business partner in owning a farm? Just curious there. We will get off your back, but just interesting.

But I agree farming is not a multimillion dollar "career" anymore and that is very, very bad.

By the way I don't make more then $250,000 a year so I am hoping I will get part of the distribution from those that do make more then $250,000 a year. My wife and I both make good money, but still can't afford to pay the bills, and that completely sucks!