building new campground
My husband, son and I are thinking of building a small, no frills campground on our farm after we get out of dairying later this month. We want to cater to the RVers looking for a safe, comfortable s...
Forum Discussion
ferndaleflyer wrote:
Developers just bought about 7000ac of farms near me that have been ag exempt in like forever----Now do you really expect me to believe that since they aren't going to farm it but develop it into housing they are going to pay back taxes for all the previous time when it was farmed? Get real, I don't think that would fly anywhere.
It's called a rollback tax and you don't pay back taxes for all the time the land was farmed, there are limits/cutoffs. It's typically back for a certain amount of time and it varies. Texas is 5 years as an example, or at least it was when we dealt with it back in the early 00's developing a Strip Center.
