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Nasi K.
  • Prosper, TX
5
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11
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Agriculture Tax Exemption

Nasi K.
  • Prosper, TX
Posted

We bought 1.5 acre of 15 acre land which was in agriculture tax exemption in middle of this year. how can we continue to get the same agriculture exemption for this and next year. 

we had calculated the maximum tax as $100 for the entire year during the closing due to agriculture tax exemption and have prorated accordingly for our 1.5 acre. How can we make sure that we are on target to get agriculture exemption. Is there any filing that we should do accordingly?

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135
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Ricky A.
  • Rental Property Investor
  • Chapel Hill, NC
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135
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Ricky A.
  • Rental Property Investor
  • Chapel Hill, NC
Replied

@Nasi K., check with the county tax assessor's office.

We did something similar in Alabama last year breaking off a couple of acres from a generational family property.  When the new lots were recorded, the county automatically defaulted them to residential (not agricultural) use.  

After a few calls to the tax assessor's office, we finally found who we needed to talk to and were able to go in and complete a form attesting to agricultural use.  

There might be a similar process in your county.  You may also be able to check the website to see what they registered your current use as...perhaps your county doesn't default to a non-agricultural use.

  • Ricky A.
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