Posted by Texasmark1 on February 16, 2017 at 05:30:04 from (162.72.56.102):
In Reply to: City living posted by Fatjay on February 15, 2017 at 10:43:10:
Couple of points here:
If currently ag. tax exempt status, keep it there. That means you read the law and abide. There are numerous reasons one can claim the exemption here in my county. One is "Improved Pasture". On that, keep obvious signs that you are doing something to keep the pasture improved so that when the annual appraiser passes by he checks off on your exemption. Otherwise taxes could make a dent in the economy of your plan.
On the lease it out, most leasers here are interested in making money for themselves.....read between the lines!
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