We are planning to purchase acreage in the country and eventually retire there. What's the best structure for the farm puchase in that instance and when you can/have to call farming activities as business not hobby in Tax purpose. Is there any general rule for it? We are planning to put some livestock on the property, but at least in the beginning we will have day to day jobs as well. What's the best structure for the property purchase e.g. Buying under own names or trust? The current plan is that the farm will be PPOR immediately. Also are farming businesses generally operated under trusts or some other structure?