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Conference noted::equitation

Title:Equine Notes Conference
Notice:Topics List=4, Horses 4Sale/Wanted=150, Equip 4Sale/Wanted=151
Moderator:MTADMS::COBURNIO
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

653.0. "Agricultural Land Tax Status" by TWEED::PORTER () Fri Jul 15 1988 14:49

    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.RTitleUserPersonal
Name
DateLines
653.1Where's your farm?NOWIMP::DADDAMIOHopelessly optimisticMon Jul 18 1988 13:537
    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
653.2Chapter 61AEMASA2::NICKERSONMon Jul 18 1988 15:036
    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
    
653.3MA Ag LandDANUBE::PORTERWed Jul 20 1988 11:161
    The land is located in MA
653.4Mass General Law Chapter 61A!PBA::NICKERSONBob Nickerson DTN 282-1663 :^)Tue Aug 09 1988 13:2821
    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