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

2007 MACK GRANITE CV713 DUMP TRUCK (A60430)
2007 MACK GRANITE...
Zero Turn Mower (A59231)
Zero Turn Mower...
2016 Ford F-550 Altec AT233P 35ft Bucket Truck (A59230)
2016 Ford F-550...
500 BBL FRAC TANK (A58214)
500 BBL FRAC TANK...
Unused 2025 CFG Industrial QH12R Mini Excavator (A59228)
Unused 2025 CFG...
17102 (A56859)
17102 (A56859)
 
Top