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Thank you. I've read several other items indicating to put the "boarding activities" (dropping the mention of horse), 🙂 on Schedule C. Schedule F makes so much...
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I assume, you cannot put real estate on a Schedule C, so it goes on Schedule E, correct?
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One follow-up, then the real estate goes on Schedule E, prorated for Business usage?
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No, they purchased the Farm, for the sole purpose of installing stables and Boarding Horses. No other farming activities are planned on being conducted there. I...