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

Case 1150G Crawler Tractor Dozer (A50322)
Case 1150G Crawler...
2015 Isuzu Sewer Jetter Truck (A49461)
2015 Isuzu Sewer...
Craftsman T1800 42in. Riding Mower (A49346)
Craftsman T1800...
WHITE CI-7 DRAW WORKS POWERED BY TWIN (60 SERIES) DETROIT 14.0L ENGINES (A50854)
WHITE CI-7 DRAW...
BREWSTER DRAWWORKS WITH TWIN CATERPILLAR ENGINES (A50854)
BREWSTER DRAWWORKS...
2017 Ford F550 4x4 Bucket Truck - 45FT Terex TL40 Boom, Powerstroke Diesel, Utility Bed, 54K Miles (A51039)
2017 Ford F550 4x4...
 
Top