Growing Hops, Tax breaks, and other questions

[TXANM]

I recently moved to a new place on 2.5 acres. Not alot of land, but enough. I purchased a used tractor for everyday tasks (snow removal, brush hog, etc). I am going to be planting some hops this year that were pot grown last year.

Question: Is there any tax breaks/deductions I can take advantage of for the growing of hops, use of the tractor (depreciation), Water use, etc?

 

[david_42]

No, this a hobby, not a business.

 

[uechikid]

No, this a hobby, not a business.

Unless you want to make it a business then you could have some deduction. If you do be sure and buy a big bottle of Excedrin too.