So The Piece Of Property I Am Buying is approximately 200 times larger than the piece I own here in Missoula. But my property taxes in Missoula are 106 times larger than what my taxes would be on that 20 acres.
Now, to be fair, TPOPIAB has no development on it, has no services, no paved roads, and any 911 call can have its response time measured with a calendar… but its less than 1% of my Missoula taxes for 200 times the ground. Obviously thats gonna change as I develop it, but still…
“So The Piece Of Property I Am Buying is approximately 200 times larger than the piece I own here in Missoula.” “Own” ? If you own something you don’t pay taxes on it. Our homes and vehicles are owned by the state as they always hold superior title. We can thank FDR for this when he traded the Ten Commandments for the Ten Planks and stole our property and money.
We are all well aware.
Painfully so.
Property tax will be the next Fort Sumter, paying for bad roads and illegals in our schools is no bueno.
Following. Your no sales tax state has to render unto Caesar somehow. I was spooked away from Montana as a redoubt state selection due to the annual property tax bite that would hit me harder as a stipend retiree fixed income low life person. There are many yuppie enclaves like Jackson hole vail etc where the old timers locals are priced out and had to flee just because of the taxes on their newly higher valued property assessments, that are not negotiable, and compulsory. This background you have already inbedded in that State will allow you to judiciously develop it only as far as you need or keep improvements off the assessors radar. Online research on area properties with various levels of build outs etc. there will give you a baseline to what you >may< have to pay for your dwellings. Maybe a hobbit house with everything major underground. I guess I can't complain about my tax bill considering the extreme spreads out there. Stay frosty anyways.
I don’t know about the Great White North as far as Ag Exemptions, but at Snakebit acres in Guadalupe Co. TX the minimum acreage is 10 acres.
We have an exemption for honey bee hives.
Maybe you can look into that for future improvement offsets.
Another option, if KurtP’s method isn’t workable, is to split the property into two, a building lot and the unimproved section. You get two tax bills, but only one is for “improved” land.
“Flag parcels” are often seen around here for that purpose. Might be worth exploring, but might bite also.
A friend inherited some adjacent farmland, combined it with his property into a single lot, then realized he was paying taxes on improved land for the entire thing. Oops.
What they dont know about, they cant tax. Hide what you can as you develop the property.
The county tax department is persistent in seeking ways to gain $$. To have agricultural tax status, you must allow animals to graze your property. Otherwise, you are taxed commercial property rates (when appropriate). They now ask that the land be made more accommodating and suitable for grazing by demanding for root plowing for more grass for them to eat. A certain ratio I guess. So to avoid paying the tax, you spend the money instead on root plowing. They don’t care if the landowner is content with the land as is, even if root plowing increases their profit. Comply citizen !
At our place, we have 40 acres assessed as “Recreational Forest” with the house and out buildings and an abutting 20 acres assessed as “Agricultural”.
Tax on the developed 40 is just over $4000, tax on the 20 is $35.
See about an ag exemption of some sort. I have some cherry trees on my place.
Also: TAXATION IS THEFT!
Unrelated-the Overwatch Precision MP5 mags are gtg.
Primary Arms has the gen 2 mags on sale for $15.
Score!!!!
I took all six of mine out today, and was surprised to learn that my AP5 will run hollow points with these mags. It won’t with the KCI or MKE ones.
Ordering more
At that price I might order a few.
put up a big metal building/barn on the land, then build whatever you want inside….my new tax assessment is trying to tell me my property value went up 100%. yeah, right. the citizens are screaming bloody murder. waste of breath, but i wonder how they are going to feel when some poor retired sap that paid for his nice home years ago while working overtime can’t pay the taxes and pays them in ammo instead. every time i start getting ahead, everything doubles in cost again.
Prices never change when you pay with real money instead of debt. My state recently recognized gold & silver as money again.
Texas pissed off a real estate developer and he started researching the system. He is trying to have it declared a criminal fraud and corrupt organization. He is in court now and it looks like he has them backed into a corner with a airtight case. This may be the property tax revoltthat us needed