On the other hand, a hobby farm - typically a few horses, other livestock, or crops used for leisure and enjoyment - probably won’t qualify for tax breaks.Ĥ. That could include livestock, poultry, dairy, fish, vegetables, or fruit. What qualifies as a small farm for tax purposes? In the eyes of the IRS, a small farm must be actively cultivating, operating, or managing land for profit. To qualify for these tax breaks, most states require you to have a certain amount of land in use, and some require a specific amount in profits, to show that you’re actually in the small farm business. While all 50 states provide tax breaks for agricultural land, their rules may be different, depending on where you live and what you’re farming. But once you start selling the food you grow or the livestock you raise, you may need a special business permit and possibly approval from the health department and other regulatory agencies.Ģ. These zoning requirements typically don’t apply if you’re growing food for you and your family only. Liberty is also home to the Central Ky Ag/Expo Center.Before you do anything, make sure your local zoning department allows farming. Highway 127 or State Highways 49 and 70. Casey County is also known for unusual topography with elevations ranging from 710 to 1,789 feet. The county seat of around 2,200 is easily accessed by U.S. Liberty Kentucky was founded in 1808 and is home to the famous Green River in Casey County Kentucky. Numerous possibilites! The property is accessed by a county road, and bordered on the back side for additional privacy. This property would be a great hobby farm, homestead, home based animal boarding, or you could just sit back and enjoy the breeze on the front porch.
There is a nice board fenced pasture adjoins the barn area. Above the stall area is a great hay storage area. This Kentucky horse farm for sale in Kings Mountain Kentucky has a nice barn with 5 stalls for your equine friends with a large area out in front of each one, perfect for cross ties when the farrier visits.The barn is complete with concrete floors, electric and water. This will not affect closing, preparations have been made to be clear to close in 30 days. The owner is currently phasing out an assisted living boarding home. Numerous possibilities! The property is accessed by a county road. A good sized laundry/mud room is also a great feature. Aside from the finished building, the property includes another storage building, for mowers, etc. The out building does have electric and internet. An additional outbuilding is finished, including laminate flooring, insulated walls and ceiling, heat and air, loft ready for a mattress and includes USB ports for charging, perfect for extra room for guests. Homes built like this are very energy efficient. A good sized laundry/mud room is also a great feature. This well maintained home features 2.8 acres of mixed use land including a fenced paddock for horses adjacent to the barn and wooded area along the back of the property. Also included a separate finished building that is currently used as an office, but could easlily be converted to guest quarters. This country home for sale in Liberty Kentucky is a 4 bedroom, 2 bath, brick face, berm style home. This country home for sale in Liberty Kentucky is a 4 bedroom, 2 bath, brick face, berm style home.