Rick Ross has discovered a way to avoid paying some taxes on his $10 M home in Georgia. Thanks to a legal loophole, the multi-platinum artist can profit financially from his passion for both domestic and exotic animals.

According to AfroTech, the Maybach Music billionaire possesses enough animals for a nature zoo and might even be able to claim portions of his Promised Land house in Fayetteville as a farm.

Georgia’s largest single-family mansion, Promised Land, is truly amazing. The property has 109 rooms, 12 bedrooms, and 21 baths spread across 235 acres.
Ross informed instructor Troy Millings of “Earn Your Leisure” and financial expert Rashad Bilal that his home, a 15-passenger private plane, and other possessions are assets because they enable him to live comfortably. He rents them out while not in use.

For Prince Akeem Joffer’s Zamundan castle in “Coming to America 2,” Promised Land was rented by Eddie Murphy Productions, New Republic Pictures, Paramount Pictures, and Misher Films.

“It helps me.” as opposed to someone who relocates once or twice a month. For Ross, it was a liability.

My friend who had this home before me was making $50 M a night. More than $550,000,000 was handled by him. What will set me apart from the errors made by Evander Holyfield? “This is what I’m going to do differently,” I began to think.

This is remarkable in that his passive revenue streams are referred to as “confetti.”

“Z-z-z mo n ey,” as Ross is popularly known, enjoys using confetti in his more than two dozen commercial ventures and partnerships, which include 25 Wingstop locations, a few Checkers and Rally’s restaurants, as well as the Luc Belaire and Bumbu al co hol brands.

He might think about farming and commercial zoos, where visitors can visit his home and meet the “pets,” to recoup his animal investment. Given that certain animals can only be kept on property with a USDA-licensed business, this could be the case.

In February 2022, he began developing Promised Land Zoo, a sanctuary for four horses, two African lions (male and female), a cow, and a bull. In the summer, he added two bison (bison) from Ethika, a clothes and underwear business. The corporation sent the pair to the singer in hopes that he would be the only one with these rare cows.

“We are gifting Ross these buffalo after a conversation at his birthday party back in January,” Ethika director of brand operations Darius Burton said. I intended to get him a giraffe, but he wasn’t ready, instead he suggested a cow. Nah, everyone has cows, I’ll get you a buffalo, which nobody in your state has.

Bull, bison, and cow graze together in a fenced area. To keep the bison, he had to register them with the Georgia Department of Natural Resource Agency’s Wild Animals/Exotic division. States that “the Department should be consulted before any exotic animals which are not normally domesticated in Georgia are acquired.”

Ross bou gh t the creatures to show off to his 15.5 M followers, but he unexpectedly discovered another perk of domesticating wildlife. The tax cut.

The Georgia Agriculture Tax Exemption rule (Chapter 40-29) allows homeowners to participate in the industry if they manage livestock, equine, or poultry on their estate and produce or store feed for livestock, including cattle, calves, swine, hogs, goats, sheep, and rabbits.

Ross gets Southern state tax savings by owning his female cow and male bull.

His two African lions are banned in Georgia because they are not listed under Agriculture. They are “inherently dangerous to human beings.” He needs a license, permit, or insurance to keep them on his land.

Ross, a $55 M artist, has never showed his newborn tiger again after animal rights campaigners slammed him on social media.