How do farmers claim everything personal and business as an expense.

Question

I live next to farmers. Everything they do and own is a business expense. The business owns everything. Home, cars, utv, electric, propane, internet, new land, gas, desiel, and red desiel. They go on multiple caribbean vacations, rent out the banquet room and claim it as a business expense. Is this really what business are able to do?

In: Economics

Answer 1

You could tell who the subsidized farmers were in our small rural community… all their kids drove year-old “farm” trucks & had fuel accounts at the local Cenex.