KMacGinley
Well-known member
My understanding is that a purchased breeding animal is depreciated for 5 years or so.
A raised breeding animal has its expenses in raising it counted as expenses. No depreciation.
I don't think that you can deduct the total cost of a purchased animal in one year.
A raised breeding animal has its expenses in raising it counted as expenses. No depreciation.
I don't think that you can deduct the total cost of a purchased animal in one year.