northeastern Ohio | Yes. Single purpose buildings are 100% deductable this year. Here is the definition of "single purpose building" from the IRS website: Agricultural structure. A single purpose agricultural (livestock) structure is any building or enclosure specifically designed, constructed, and used for both the following reasons. To house, raise, and feed a particular type of livestock and its produce. To house the equipment, including any replacements, needed to house, raise, or feed the livestock.
For this purpose, livestock includes poultry. Single purpose structures are qualifying property if used, for example, to breed chickens or hogs, produce milk from dairy cattle, or produce feeder cattle or pigs, broiler chickens, or eggs. The facility must include, as an integral part of the structure or enclosure, equipment necessary to house, raise, and feed the livestock. |
hoop or no hoop cattle building?
