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

2011 CIRCLE M 32 FOOT GOOSENECK (A53843)
2011 CIRCLE M 32...
2011 International WorkStar 7400 Auto Crane Mechanics Truck (A55852)
2011 International...
2015 Toro Reelmaster Gang Mower (A55851)
2015 Toro...
Hilti TE 2000-AVR Electric Jack Hammer (A55973)
Hilti TE 2000-AVR...
2017 Green Thumb 58OSN3 8ft Pressure Washer Trailer (A55787)
2017 Green Thumb...
2016 PETERBILT 579 (A53843)
2016 PETERBILT 579...
 
Top