One of the great things about a Farm Pond is ICE SKATING! The family was able to come out and have a fun afternoon skating! Perfect snowy weather & cold conditions made for a perfect afternoon!
An off topic question. I have followed your videos for some time and have wanted to ask a question of how you handled taxes with your start up expenses.
what does the IRS say about writing off expenses but not showing any profit for 10 to 14 years and sometimes even longer? I had several drought years that stunted growth a few years back and 2023 would have been my second year to have some nuts to sell at farmers market but a late frost wiped out my crop. What few nuts that survived I let the deer have. I planted first 100 trees 18 years ago.@@johnsangl
🥶 looks cold for a southerner
Great to be a southerner!!!!
An off topic question. I have followed your videos for some time and have wanted to ask a question of how you handled taxes with your start up expenses.
I run it thru my personal taxes as a chestnut orchard. I use a CPA. I don’t have an LLC for the orchard.
@@johnsangl same here
what does the IRS say about writing off expenses but not showing any profit for 10 to 14 years and sometimes even longer? I had several drought years that stunted growth a few years back and 2023 would have been my second year to have some nuts to sell at farmers market but a late frost wiped out my crop. What few nuts that survived I let the deer have. I planted first 100 trees 18 years ago.@@johnsangl