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Income tax credit on newly aquired land based on soil fertility at time of purchase
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Big Ben
Posted 3/9/2026 23:57 (#11579556 - in reply to #11579194)
Subject: RE: Income tax credit on newly aquired land based on soil fertility at time of purchase


Columbia Basin, Ephrata, WA
Birddy - 3/9/2026 16:16

That's because most CPA's would not touch it with a 10ft. pole.  And that means they
would not even sign their name to your return, and file it for you............
It seems the scam would be the $40.00 per acre charge, "A fool and his money are
soon parted."  




It’s a legit deduction if you have excess fertility. You can only deplete the excess.

And yes, $40 per acre is a scam, and not only because that’s about $38 per acre more than it costs to find out if there’s excess yourself. Realistically they should report back to the client at least half of the time that the soil doesn’t have any excess fertility to deduct, but that would lead to too many unhappy clients that just flushed $40 down the drain.


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