New farmer, have always done my taxes myself. This is my first year to deduct deer farming expenses. I am set up as an LLC, but plan to deduct expenses as farm expenses on sch F. I spent 10 -12K on a couple deer and travel expenses last year. Not sure if I deduct the entire amount for the deer (bred does) or do I need to do any depreciation. Have not bought fence or any other major equipment. I would trust the opinions of deer farmers over the advice of "professional tax preparers". Any advice would be appreciated. Thanks,
Joe
Joe