Current IRS rules classify non-native wildlife as livestock. Under IRS Section 179, livestock falls within the classification of business equipment for accounting for tax purposes. In 2017, the Tax Cuts and Jobs Act accelerated depreciation of all business in the year that is is acquired.
Any purchase of non-native wildlife (livestock) is tax-deductible in the year it is purchased.
WRS works exclusively with WildLife Partners during the acquisition process of all animal assets. Once the animals are delivered to the ranch and the animals get settled in their new environments, nature takes over and, inevitably, offspring are born. Rather than inviting outfitters and unwanted visitors onto your ranch to harvest surplus stock, WildLife Partners will return to buy them. At no cost and while assuming all risk from the landowner, WildLife Partners will capture and purchase any animal that the landowner is willing to sell.