I need to generate a Schedule F (aka profit/loss from farming/ranching activities) for the next three years. What I'm working with and other tid bits:
1. Only dealing with 10 acres +or- (so livestock it is). Not garden type dirt but the property is quality, protected, grassy, tree rows, good fences, outbuildings, water, power, etc.
2. I need/want to legitimately turn a profit. (I understand I'm not guaranteed this, and it may take a few years to get there with set up costs)
3. I don't want to HAVE to go out there EVERY day. (I can set up a camera system mid property and basically see every corner if need be. Fwiw)
I don't have a tractor.
Doable? What's the answer? Chickens? Pigs? A pair-o-steers? Beehives :;:smokin?
Keep it small, keep it simple, keep it profitable, keep it legit. Thanks.
1. Only dealing with 10 acres +or- (so livestock it is). Not garden type dirt but the property is quality, protected, grassy, tree rows, good fences, outbuildings, water, power, etc.
2. I need/want to legitimately turn a profit. (I understand I'm not guaranteed this, and it may take a few years to get there with set up costs)
3. I don't want to HAVE to go out there EVERY day. (I can set up a camera system mid property and basically see every corner if need be. Fwiw)
I don't have a tractor.
Doable? What's the answer? Chickens? Pigs? A pair-o-steers? Beehives :;:smokin?
Keep it small, keep it simple, keep it profitable, keep it legit. Thanks.