Tag Archives: land purchase depreciation

Possible Land Purchase Depreciation of High Residual Soil Nutrients

Calvin Trostle, Ph.D., Professor & Extension Agronomist, TAMU Dept. of Soil & Crop Sciences, Lubbock, (806) 746-6101, ctrostle@ag.tamu.edu I contribute to a monthly “Ask the Agronomist” question-and-answer column published in the Wheat Farmer/Row Crop Farmer newsletter from 34Star Publishing in Kansas.  This topic from the May edition is little known in Texas and originates mostly from the U.S. Corn Belt.   Residual (Excess) Soil Fertility Tax Deduction   Question:  In order to deduct the value of excess fertilizer on newly purchased or inherited land, what is the best… Read More →