so if you, say, buy land that you want to turn into residential properties later aka engage in real estate speculation
you need to bide the time before sale by doing some kind of farming on that land.
Orchards, dairy, greenhouses, those are all RIGHT OUT. Even row crops are too much fiddling for a lot of speculators.
"But making hay is the worst hardest work"
Heck yeah it is. But *being the landlord* for hay is real easy. And these decisions are usu made by landowner, not the person baling hay.
nah mate you're teaching your kids to waste precious time on a tax scam
It's a band-aid to cover for half-baked land & herd management.
Greg Judy's thoughts on this:
Jim Gerrish: stockmangrassfarmer.com/Store/index.ph…