GoatRancher11
Chillin' with the herd
- Joined
- Jan 4, 2011
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By the "taxes makes sense", I meant that you can write some of the loss off especially at first. The best way of doing it all is to set up an LLC (or corporation). That is what I have done for my farm.
It is a legitimate way to do it and it is as easy as printing a form off of the internet, filling information out and then sending it to your Secretary of State. You will also have to get a EIN or tax id number from the IRS.
Should have said all this the first time but got sidetracked!
It is a legitimate way to do it and it is as easy as printing a form off of the internet, filling information out and then sending it to your Secretary of State. You will also have to get a EIN or tax id number from the IRS.
Should have said all this the first time but got sidetracked!