Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Oct 30, 2019 4:52:25 AM

Land clearing and preparation is an expense for farmers; is it also an expense for individuals renting land to farmers?

0 1 604
1 Best answer
New Member
Oct 30, 2019 4:52:26 AM

If this was needed to enable you to rent out the land to farmers, then yes, it may be deducted as an expense.

1 Replies
New Member
Oct 30, 2019 4:52:26 AM

If this was needed to enable you to rent out the land to farmers, then yes, it may be deducted as an expense.