Sun, 11/06/2016 - 14:47
#1
Hobby farm ideas and advice
Hi,
I have 160 Acres of land in SA and need some Hobby Farm information.
If we start a hobby farm but only make a small amount of money each year, say $10k does that mean we can't claim any of our expenses such as interest on the loan, insurance etc...? I do not live on the land, we use it as recreation.
If we grow plants and sell them are there any rules or processes we need to abide by? The plants are not edible.
Thanks for your help in advance.
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