smstonypoint
Super Member
- Joined
- Oct 13, 2009
- Messages
- 5,820
- Location
- SC (Upstate) & NC (Piedmont)
- Tractor
- NH TN 55, Kubota B2320 & RTV 900, Bad Boy Outlaw ZTR
An issue that I haven't seen mentioned in this thread is use-value assessment for forestry. I have no idea whether this applies in the OP's state, but it is relevant in some (many/most?) states.
At least in NC, qualifying for forest-use property tax assessment requires the landowner to follow an approved forest management plan. My plans have been provided by the NC Forest Service (at no charge), although I could have paid a consulting forester to provide the plans.
My plans have recommended both clear-cutting and selective thinning on certain tracts of my farm. Although I have some flexibility in the plans, I would have to forgo the lower forestry-use property tax rate if I ignored the plans.
The upshot is that woodland utilization in some states depends on the states' property-tax policies.
Steve
At least in NC, qualifying for forest-use property tax assessment requires the landowner to follow an approved forest management plan. My plans have been provided by the NC Forest Service (at no charge), although I could have paid a consulting forester to provide the plans.
My plans have recommended both clear-cutting and selective thinning on certain tracts of my farm. Although I have some flexibility in the plans, I would have to forgo the lower forestry-use property tax rate if I ignored the plans.
The upshot is that woodland utilization in some states depends on the states' property-tax policies.
Steve