- 5 - legally precluded from constructing any residential buildings on this portion of the property. However, petitioner is permitted to build agricultural structures on this portion of the land. Within the 2-year period following the date of sale of the Livermore residence, petitioner incurred expenses of $146,922 to construct a residence, garage, and a barn on the Clayton property, which he used for personal purposes. In this same time period, petitioner spent substantial amounts of money to construct buildings for use in his boarding and breeding business. While living on the Clayton property, petitioner continued to work as a farrier and to board and breed horses. Petitioner concedes that he operated his horse boarding and breeding business on 7-� acres of the Clayton property after the purchase. At any given time, petitioner boarded an average of 30 horses on the Clayton property, approximately the same number of horses that he boarded on the leased premises in Livermore. Petitioner fenced off the horse boarding and breeding facility from the remainder of the Clayton property using special fencing safe for horses. In the fenced area there is a 20-stall barn and paddocks (an enclosed area used for pasturing or exercising horses). Not all of the boarded horses are kept in the stalls; some of them stay in the fenced areas outside, while others remain in the paddocks.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011