Comstock's magazine 1018 - October 2018 | Page 54

n AGRICULTURE W ith the mercury already rising, Mike Polis sets out early for his rural Wheatland farm to check on his Dorper sheep and egg-laying hens before heading to the office. After working the lock on the front gate, Polis drives in slowly and greets tenants on his first property. The caretakers live onsite and look after the animals in exchange for a modest rent and free board for their horses and goats. In all, Polis’ Pomopolis Farms in- cludes roughly 40 acres on three different parcels. He checks in with his 19-year-old son Ethan Polis, who along with two college buddies, marks the footprint of a fu- ture barn with neon orange spray paint. Currently, Polis only has open shelters that serve as protection against the weath- er, or as birthing stalls for the expectant ewes. But when one of the lambs gets sick, Polis brings them to his suburban Ros- eville home to convalesce. His wife has been patient with the ovine guests, but Polis can read between the lines, so he’s hired the trio to erect a new barn. He fires up the John Deere utility vehicle and does a perimeter check of the property, in- specting the fences, gathering eggs from the henhouse and checking the condition of the open pastures. Dressed in navy chinos, a white button-up and casual business lace-ups, Polis is an unlikely farmer. He has stopped by on the way to his day job as a corporate health care lawyer Experiencing tax turbulence? Due to the new Tax Cuts law and Supreme Court ruling, business leaders are looking for tax answers. Challenges and opportunities abound. Whether it’s entity conversion for a better tax rate. Or new foreign income inclusion due to GILTI. Or the Wayfair remote sales decision that may mean additional tax payments, increased state tax filings and possibly even new IT resources. To connect to the resources you need, visit EisnerAmper.com/TURBULENCE 54 comstocksmag.com | October 2018 and law professor. But his side hustle — and where he spends an increasing amount of time — is his small but growing family farm. Polis, who has always had an interest in agriculture, wanted to experiment with raising and selling crops and live- stock in a way that engaged his family. His sons, Ethan and Matthew Polis, have been working on the farm since ages 12 and 9, respectively. “This is something I have always wanted to do, so when land prices dropped and I had the opportunity, I went for it,” Polis says. In 2010, he bought a small ranch in remote Wheatland. Now, he has more demand than he can manage, especially for his lambs. Polis has tapped into a unique niche market, catering to Muslims and Orthodox Christians for farm-raised lambs that are a staple in many of their religious festivities (Ramadan, Eid al-Fitr, Eid al-Adha, Easter, Christmas and Epiphany) and family celebrations. Polis is part of a group of enterprising family farmers who are parlaying an agriculture interest into full-fledged businesses, filling niches for specialty livestock that cater to specific customers. Compared with traditional farms, niche farms tend to have more diversified products, fewer acres, lower total-dollar sales and operators who also work off-