Case and point… I live on 12 acres. The land is rented out to a horse boarder who pays my landlord rent for the use of the land. She is sick of the work, early feedings, broken fences, etc. I could take over the operation and net 300-400 bucks revenue before taxes…from my excel spreadsheet anyways. It would be easy to do that stuff, cause I live here, and I like that stuff. But after my tax burden that gets cut to 200 tops. After the head aches of getting feed delivered and cobblers ( is that what horse shoe men are called?). And having to set up high school kids when we are in the mountains for the weekend, and reporting the income, and insurance if someone breaks their neck, and all the other bullshit of running your own business, I am not even tempted. Not even close. The incentives are all wrong.
