All our local realators said was 'if you want to rent out your house we can handle management and you pay court costs' "What court costs?" 'Evicting tenants.' They also advised me to dump by not paying property taxed a double wide housing plot in Florida my parent has bought into and long since paid off. Cost was minor so I kept it. Sure enough the developers came in and offered to buy. Others they just paid back taxes. One side was on a dock ready canal and the other across the street from the proposed golf course. PAYDAY! That was just south of Tampa. My sister and I put that into the Jacksonville house ditching the condo. She lives their full time and there is a separate one bedroom on the other side of the garage area.
Now she's getting itchy feet and thinking RV but since she hasn't retired no hurry. That is Florida homestead land and low on property taxes. No room for horses but a pool and 'alligators anyone?' Good ole Duval County

Turbo offers and extra back up on that. And since the IRS couldn't figure out, changing every year, how to figure my Social Security deduction and their instructions didn't work worth spit I went with the extra insurance and they did not disagree. With each tax agent saying something different each year they would be completely bogged down in their own tax courts until we get rid of them and the sooner the better.

I made sure the extra $40 for Turbo Tax to represent me in case of anything was prominently displayed. Best CPA I ever had. My sister just got hit though with an extra payment of $14,236 She notified Turbo and it came back corrected to $142.36 with no tax due.

We had a 150 acres at the end of a road with government land on two sides river on the third and a former ranch on the fourth . All that ranch land is now 5-10 acre housing. Ours was in trees using the frorestry deduction to pay I think 40% of assessment. It's still like that as the privilege passess owner t owner but if they land is logged to less than x number trees all the tax excepted is due back to around 1950 somthing. That land was $10,000 and a trade initiallywith anothere $10,000 expanded in 1957. Folks sold it in the late eighties for quarter million carrying the loan on half . The last i heard with a swimming pool and two new barns added it was five million and that was after the 2008 crash. Anymore none of us could afford the 40% of property tax. Another reason to leave Oregon and let the Californios have it. But I did here someone paid a fee t someone and got permission to divide into 3 50 acre parcels. Irrigation ditches run through it to the old ranches are now treated as geo-contiguous waterways... go figure.

Well the horses and barn for stables and hay are important but what about doing a reverse with some existing farm. Instead of buying the house and selling the rest. You buy everything except the house and move into an RV either a nice 5th wheel and an F350 or similar which offers some multiple uses vis a visa the horses and yourself. Nice flat single axle hay trailer and the horse trailers add two dimensions to the pickup.

The RV aspect give you an escape route as we often term our sailing vessels and it would leave you with no house to dispose of later and perhaps some benefit in property taxes. Depending on where you are local zoning and zillion other items. Something to think of. who know what might come with a sale such as that in the way of farm equipment, tool shed, work shop etc.

Absent the horses or similar. I found ditching owning any property, especially a house was money in my pocket a huge savings on a lot of extra costs.most of which revolved around the word 'house.' It set me up for go just about anywhere, live just about anywhere and my permanent official residence is in a no income tax state. Most of my US buying is through Amazon and i do watch not only delivery costs but those who do not add sales tax.

I solved the income tax problems using Turbo Tax which immediately put an extra thousand twohundred plus a year in my pocket. but can't get away completely from Medicare as it's a condition of militiary retirement with military medical . Both of which add up to not much so far except a $1200 a dollar a year expense which means no paying for flu shots ha ha where "I'm at any one resident or tourist can get those at no charge.

In aniy case it's think outside the box. How many acres do you need for the seven assuming you do not have to produce the hay and straw. and feed. Seven stalls and a spare is eight on a side. That truck will come oin handy for hauling manure or you get someone to come get it who has a spreader Lot off off the cuff trading goes on in the small farm world. Talk to FFA kids.

A main difference between humans and the rest of the animal kingdom is animals adapt to other surroundings and humans tend to adapt their surroundings to suit themselves. Life on a sailboat has taught me the value of each. In harbors I want to know about the electricity and the other amenities. I can have electric heat and air conditioniing. When sailing or voyaging I had to adapt to what nature sent my way. There were small things. Solar and Wind power for one but they didn't produce enough for many ice cubes. Nor was their space to spare. Sun tan lotion and common sense stuff like wearing a hat and long sleeves and pant legs in the tropics basically imitating the animals adapting to thei surroundings. I reckon my point is if we can adapt our surroundings to us we can also adapt ourselves to nature. Applied Objectivism at it's best in the KISS version.