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

7201SFL (A61567)
7201SFL (A61567)
Decorative Mermaid Light Post (A61569)
Decorative Mermaid...
2019 Land Rover Range Rover Sport AWD SUV (A55853)
2019 Land Rover...
2017 Freightliner M2 106 AWD Terex Hi-Ranger 5TC-55 55ft Insulated Material Handling Bucket Truck (A60460)
2017 Freightliner...
Miller Millermatic 212 Auto-Set MIG welder (A63118)
Miller Millermatic...
2022 Horizon (A55973)
2022 Horizon (A55973)
 
Top