di1630,
If you have made a cash basis election, then you may deduct the ~$30K for 2018. However, if you cannot prove that you spent more than 500 hours working on your farm in 2018, it will become a net operating loss carryover and reduce your 2019 taxable income.
Disclaimer: As always, consult a tax professional before accepting advice from a random dude on the message board.