Question

IRS Section 180. If I am farm landowner who rents property out, can I get a deduction at all for soil fertility?

Forum|Forum|1 year ago
April 3, 2025
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Yes. Section 180 defines "land used in farming’’ as land used by the taxpayer or his tenant for the production of crops, fruits, or other agricultural products or for the sustenance of livestock. If you otherwise qualify under Section 180, you may be able to deduct your expenses for soil improvement in the year the land is acquired.

Given the complexities of tax law, you may wish to seek assistance from a tax professional who understands agricultural tax issues.

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