You stated that "It is only when you purchase land that you did not farm that you can deduct the excess fertility". Do you have any support reference for this statement? Just would like something to reference or any additional info you could provide on this would be great. I read the TAM and didnt see anything in there about that. Thank you!
Excess fertility is eligible for 179 expense deduction, which makes the 3 year amortization irrelevant.
You stated that "It is only when you purchase land that you did not farm that you can deduct the excess fertility". Do you have any support reference for this statement? Just would like something to reference or any additional info you could provide on this would be great. I read the TAM and didnt see anything in there about that. Thank you!