Title: | Equine Notes Conference |
Notice: | Topics List=4, Horses 4Sale/Wanted=150, Equip 4Sale/Wanted=151 |
Moderator: | MTADMS::COBURN IO |
Created: | Tue Feb 11 1986 |
Last Modified: | Thu Jun 05 1997 |
Last Successful Update: | Fri Jun 06 1997 |
Number of topics: | 2080 |
Total number of notes: | 22383 |
I am looking for information concerning land classification. I understand that land which is used for agricultural purposes can be classified as such and in return is eligable for a substantial tax break. Are there aspects of the horse industry which relate to this law. I would be interested in hearing from anyone who has information about this.
T.R | Title | User | Personal Name | Date | Lines |
---|---|---|---|---|---|
653.1 | Where's your farm? | NOWIMP::DADDAMIO | Hopelessly optimistic | Mon Jul 18 1988 13:53 | 7 |
Karen, What state is your new farm in? We have done several things with our farm in NH, but I don't know if they would apply in other states. Jan | |||||
653.2 | Chapter 61A | EMASA2::NICKERSON | Mon Jul 18 1988 15:03 | 6 | |
You can look into what they call Chapter 61A. This is done through the town and they can give you all the necessary information that you need. Good luck | |||||
653.3 | MA Ag Land | DANUBE::PORTER | Wed Jul 20 1988 11:16 | 1 | |
The land is located in MA | |||||
653.4 | Mass General Law Chapter 61A! | PBA::NICKERSON | Bob Nickerson DTN 282-1663 :^) | Tue Aug 09 1988 13:28 | 21 |
Contact your town hall and ask for information on Mass General Law 61A. You can also get some information from the Massachusetts Farm Bureau in Framingham. The specifics are that you must have greater than 5 productive acres to apply. (One acre is exempted if you have a house on the property, you therefore must have six acres total). You must file based on the previous years income from the property which must exceed $500 for the total property, and the income must be for agricultural production on the property (e.g. sale of hay, crops, livestock, cordwood, and etc). You cannot change the use of the property after you apply without permission from the town, and if you develop the property, you must pay a rollback of taxes plus penalty. If you sell the property you must offer it to the town at fair market value for first rights of refusal (most towns are too poor to pay but its extra paperwork to be done if you do sell). The tax collector can give you the exact written law. Regards, Bob |