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

Kubota LX2620 (A53317)
Kubota LX2620 (A53317)
CAT D5G LGP DOZER (A58214)
CAT D5G LGP DOZER...
2015 Freightliner Coronado 122SD T/A Day Cab Truck Tractor (A60352)
2015 Freightliner...
2015 FORD F-250 XL SUPER DUTY EXT CAB TRUCK (A59823)
2015 FORD F-250 XL...
UNVERFERTH 330 - 19-INCH EXTENSION KIT FOR RIP-STRIP TOOLBAR PART # 63186G (A55315)
UNVERFERTH 330 -...
2017 KENWORTH T680 6X4 T/A SLEEPER TRUCK TRACTOR (A59906)
2017 KENWORTH T680...
 
Top