Imagine walking out your front door to pick a sweet, juicy peach off your own tree. A small acreage with a house and an orchard offers a way of life that is attractive to many. Orchards can be very attractive with the potential to generate extra income while reducing property taxes. For example, the Ontario government allows farmers to reduce their municipal property tax by 75% if they earn more than $7,000. In B.C., owners of small farms can enjoy a tax reduction with as little as $2,500 in farm sales (subject to ... read more