While it’s not surprising that many of our clients don’t fully appreciate the tax advantages of owning a ranch and running it as a business, we are surprised at how often their accountants don’t fully understand the options either.
We’ll show you how to buy an asset, run it as a business, improve your asset with tax advantages, buy your business some needed equipment, all while reducing your income tax. It all depends on what you enjoy, and what you want to do.
If you’re an avid outdoorsman or hunter we can help you set up your ranch as a business with blinds, feeders, animals, guns, binoculars, trucks, 4-wheelers, etc., and even get you a wildlife exemption to reduce your property taxes.
If you love to fish we can show you how to improve water, build lakes, repair dams, stock fish, buy boats, buy fishing gear (rods, reels, lures, sonar, etc.), buy jet skis, all as needed business expenses.
If you love raising exotic animals we can show you how to buy the animals, the feed, the fencing, trucks, 4-wheelers, even helicopters, and claim them as business expenses.
You decide on the ranch lifestyle you want, and we will show you how to get it while dramatically reducing your taxes liability. We are not CPAs or accountants, but we have an unlimited team of licensed tax advisors to work with you.