Section 180 Soil Fertility Valuation Report
When you buy farmland, part of what you paid for may be the fertilizer and lime already in the soil. Section 180 of the Internal Revenue Code may allow farmers to deduct those costs, but you need documentation to support the numbers. Day Ag Management samples your newly purchased acreage, has the soil analyzed by a lab, and delivers a written valuation report you can hand to your tax professional. Contact us with your parcel address and acreage to get started.