Anyone use this fence

Wow

We have 5 acres. We pay $2400 a year in taxes. I've never heard of filing agricultural or homestead. Only heard of current use which doesn't apply to me because we don't have enough land. I have some research to do.... NH is weird though so I'm not holding my breath!

NH homesteader said:

Wow

We have 5 acres. We pay $2400 a year in taxes. I've never heard of filing agricultural or homestead. Only heard of current use which doesn't apply to me because we don't have enough land. I have some research to do.... NH is weird though so I'm not holding my breath!

Click to expand...

Do your research. You might need a few more acres.... claim agriculture or timber or whatever NH has.

Vermont "current use" requires 25 acres NOT including the homestead which must be on at least 2 acres. We are about 1 acre shy for the minimum 27.

Property taxes apparently a LOT higher here. ~$6K here and the same for the prior house (on 1/10 acre in town), properties appraised about the same.

Yes property taxes in New England are ridiculous! Maybe worse in NH because we have no income tax. My mother in law pays $10k for her house, barn and 5 acre field... Not sure how that worked out.

Wow....i would not be living there lol. There is no minimum amount of acreage in michigan to be classed agricultural. You are either classed ag by the accessor automatically on may 1st or you can submit a form to get classed as ag and the only rule is more then 50% of the property must be used for farming activities. This can be anything from growing trees, to hay field, pasture, garden, etc. You can also pay ag taxes on land you rent out for others to farm. The only thing that would stop you from qualifying are non-livestock animals only and having no crops. Like if you had 4 acres and 3 acres pastured off for horses, that does not count as horses are not livestock.

Wow I like those rules! 90% of my land will eventually be used for livestock and gardens (real livestock lol) so I would be good as soon as I get my fencing up!

Homestead tax is the same as ag tax if your property is accessed at less then 100k so even if your not accessed as ag and your place is bought for $199,500k or less your getting the same rate without having to farm it. You can find cheap land here too a farm i loved just sold last month. It was 105 acres for 160k included 3 barns, 4 out buildings, a full basement, 2 car garage,2 bed 1 bath and was fully fenced. You get the crazies here to though like 80acres with a older mobile home asking $214K when it is accessed at 50k. Or 80 acres with a small 1 bed house asking 189k and accessed at 45k and bought 8yrs ago for 50k with no improvements made and no maintenance. So you have to watch here as with anywhere but on a whole we have large tracts of land for sale for cheap generally.

I'm not going to tell you how much land costs here!

ok we put a single wide on our land to live in until we save up to build a cabin. With no barn, our mobile home and a few little outbuildings and 5 acres of mostly woods and brush we are assessed at $84k. Yay New Hampshire.

You mean CA is lower than somewhere in taxes...I'm shocked. We get an homeowners exemption, doesn't matter how much land, you even get it in they city. I pay 2300.00 a year for 5.25 acres and a 2000 sq ft house and that includes a 7000.00 personal property tax that we have to pay on the tractors and dairy trailers.

We don't have income, sales or personal property tax so our regular property taxes are super high.