Ag exemption

/ Ag exemption #41  
/ Ag exemption
  • Thread Starter
#42  
They count your driveway and the land the house sits on, I loose 1 acre for the homestead. Tax exempt for things like tractors you fill out a form at the dealer, for other stuff you need get tax exempt certificate and file annually, on your taxes you run it like any other business, there used to be a special class number for timber farming but now it is form F and fill in Timber farm.

I did find this out today, as you said when I build they will associate 1 acre of land as no longer greenbelt ( so you homestead instead that single acre ) but the rest is still at a reduced rate assuming you are still practicing agriculture which I have every intention of doing.

I appreciate most of the comments. Thanks
 
/ Ag exemption #44  
Some products that you purchase are dependent on their end use. For example, if I buy some steel beams, if they are for a new building, it is not exempt, if it is for maintenance or safety of existing structures, then it is exempt from sales tax. Check with your tax officials.
 

Marketplace Items

Kuhn SR110 GII Speed Rake (A64047)
Kuhn SR110 GII...
2018 FREIGHTLINER M2 FORESTRY UTILITY BUCKET TRUCK (A63276)
2018 FREIGHTLINER...
20ft. Tilt Trailer (A64047)
20ft. Tilt Trailer...
John Deere 4520 (A60462)
John Deere 4520...
2010 Toyota 7FDKU40 7,350lb. Straight Mast Diesel Forklift (A60460)
2010 Toyota...
2019 DITCH WITCH TOWABLE VACUUM TRAILER (A63276)
2019 DITCH WITCH...
 
Top