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June 5, 2019
Question

We have farm animals and expenses, they are not for profit can I claim them and the expenses?

  • June 5, 2019
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June 5, 2019

If you are not operating a farm for profit, you cannot claim the farm animals and the related expenses.

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June 5, 2019
what if we purchased them for breeding and then later decide to sell them at auction?