Posted by 2underage on October 05, 2016 at 05:40:31 from (64.19.81.242):
In Reply to: Re: farm size? posted by philip d on October 04, 2016 at 19:23:29:
I agree with Philip, My farming operation is over 300 acres and it is worked by my wife and I with a lot of help from our children and grand kids. We no longer have any livestock because they are a lot of work for little pay but we do some crop farming and make enough to pay the taxes. It helps that both my wife and myself retired with good pensions about 24 years ago. We have no debts so if we have a bad crop we still are not hurting like those who depend on the farm income for a living.
I believe you would call us hobby farmers and you would not get any denials from us. However it is not the size of the farm but what it produces that counts. Here they have a monetary check to see if the agriculture endeavors qualify as a farm for tax purposes and I believe that the amount is $10,000 or over of gross farm income.
Some around here call those BTO welfare farms because they rely on government handouts to stay in business . Never received any bad farming practices money.
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