
02/18/11, 11:28 PM
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Join Date: Jan 2004
Location: MN
Posts: 7,610
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Quote:
Originally Posted by ET1 SS
I agree. But that is how the law here is written.
I know a good many farmers here; a few can support their families exclusively from farming, others require a job on the side. But I am not aware of any among them who qualify.
On the other hand we have 150 acres of 'treegrowth'. Mostly wild forest, some swamp, and some orchards. I find it much easier to fit into the qualification of 'treegrowth' to get the tax break.
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Wait, you do realize you made a typo, it is $2000 _total_ income, not per acre as you said at first???
This is directly from your state web site:
In the farmland program, the property owner is required to have at least 5 contiguous acres in their tract of land. The land must be used for farming, agriculture, horticulture and can include woodland and wasteland. Additionally, the tract must contribute at least $2,000 gross income from farming activities, each year.
http://www.maine.gov/revenue/propert...ndPrograms.htm
---->Paul
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