HTRN wrote:qualify as farmland in PA, one must have a minimum of 10 acres, and generate an annual agricultural income of over 2 thousand dollars.
I forget what the acreage requirement in NJ are(I think 12), but the income only needs to be $500. Boarding horses and such qualifies, but so does selling firewood. You only save the taxes on the land that is used for "farming". If you have 25 acres of wooded land and only clear 2 for your home/buildings you can claim the other 23 as timberland as long as you sell $500 worth of firewood.
HTRN wrote:qualify as farmland in PA, one must have a minimum of 10 acres, and generate an annual agricultural income of over 2 thousand dollars.
I forget what the acreage requirement in NJ are(I think 12), but the income only needs to be $500. Boarding horses and such qualifies, but so does selling firewood. You only save the taxes on the land that is used for "farming". If you have 25 acres of wooded land and only clear 2 for your home/buildings you can claim the other 23 as timberland as long as you sell $500 worth of firewood.
It's 5 acres devoted to either woodland or farming. Every acre over 5 one would need to add $5.00 yearly revenue except woodland. That's .50 for each additional acre.
I know the commies in the legislature have been looking to close the "hobby farm" loophole. I don't think they've made any progress yet.
I have a buddy in Tewksbury ($$$$$) who used to cut over $10,000 a year off his property tax by selling wood to us. He has since sub-divided the property and is no longer eligible.
rightisright wrote:I know the commies in the legislature have been looking to close the "hobby farm" loophole. I don't think they've made any progress yet.
I thought they tightened things up after the "scandal" involving Christie Whitman and her "farm"..?
HTRN, I would tell you that you are an evil fucker, but you probably get that a lot ~ Netpackrat
Describing what HTRN does as "antics" is like describing the wreck of the Titanic as "a minor boating incident" ~ First Shirt
There's a few farmers here that keep camels. I read an article about one of them recently that says he sells five or six a year, and make a decent living that way.
I also know that camel hair and/or camel wool are excellent materials for a number of things, and is not easy to find or cheap to buy. I don't know if anyone of the farmers here shears their camels and sells the wool, and from what I hear the best wool is from the camels in China, with two humps.
"Life is tough, but it's tougher if you're stupid."
John Wayne
A) It may not be that bad an idea - shea (camel) butter is used in quite a few cosmetics, and camel hair can be fairly expensive - very warm though. One of my favorite fall/winter jacket materials. Not as "snappy" as tweed, but quite soft.
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CByrneIV wrote:Shea butter is nut butter, from a nut tree native to sub saharan east-africa.
Semma butter/Shea butter… Mea Culpa.
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