Originally Posted by BlondieHorseChic
Offer board to people. ( someplaces make you get licenses though ) if your able to get a "farm" title you can get tax breaks. (idk what rules are for where you are though)
Do check out the local rules about agriculture real estate tax breaks that can save you lots of $$s. For example, in our county, if you have 10 or more acres and generate $1000/year or more from agriculture/farming/ranching, you get almost a 90% discount off your real estate taxes.
Common pursuits to generate the $1000/year:
- Pasture board horses
- Raise a few steers to sell every year (not much work)
- Lease land to farmers (no work at all)