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.
 

Tractor & Equipment Auctions

204158 (A57193)
204158 (A57193)
2018 UTILITY VS2RA 53FT REEFER TRAILER (A56129)
2018 UTILITY VS2RA...
HIGH END MINI GOLF CART (A58214)
HIGH END MINI GOLF...
2025 BrushFox XHD72 72in Rotary Brush Cutter Skid Steer Attachment (A56857)
2025 BrushFox...
2013 Ford F-750 Pak-Mor 16 CuYd Rear Loader Garbage Truck (A56858)
2013 Ford F-750...
2015 Ford Explorer XLT 4X4 SUV (A56859)
2015 Ford Explorer...
 
Top