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Croswell, Michigan | We’ve done several rented farms. Pro-rate over 10 years, if the landlord breaks the deal the pay us 10% per year X the number of years left. This has happened one time on only 9 acres. Also we do a 10 year rent freeze although I voluntarily have raised the rent during the 10 years on most farms.
And yes we have written it off as a business expense.
Edited by John e.c.MI 3/27/2025 06:26
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Taxes and tile
