Home About Us About Alpacas Alpaca Sales Services Products Photos Contact Us About Alpacas Why Alpacas? Alpaca Quick Facts Financial Benefits of Owning Alpacas Financial and Tax Benefits of Owning Alpacas There are many financial and tax benefits in owning alpacas but it is important that you do your homework. You will need to talk to an accountant or financial advisor before investing in this business. Like any investment, there are risks. A good source for understanding some of the tax implications is to order the IRS publication #225, entitled The Farmer's Tax Guide. It can be downloaded online from the Internal Revenue Service. Another source is the Alpacas Owners and Breeders Association at www.alpacainfo.com. They have a very useful section on financial and tax aspects of raising alpacas. Self-employment Tax deferred income Low maintenance animals unlike other livestock Alpacas hold their value which makes them a stable, secure investment Supply is limited with only about 170,000 in the USA and a closed registry to further imports Demand is high and supply is low Strong marketing by AOBA Breeding stock is depreciable Special 1st year depreciation of 50% allowed on farm equipment and animal purchases Sales may qualify for capital gains treatment (15% tax rate) IRS Section 179 allows annual deduction Farm expenses such as feed, travel, clothing, insurance, veterinary care, maintenance and other are tax deductible  Contact Info:  Aussie Hill Alpacas, Inc.  4975 South Hill Rd  Canandaigua, NY 14424  (585) 229-2730  info@aussiehillalpacas.com   Copyright © 2004-2009 Aussie Hill Alpacas, Inc. All material on this website is protected by copyright laws. Web design and maintenance by BWD-Graphics.com.