Who here owns 5 or more acres?

[woodsman23]

own 11 acres and i paid it off then built my own house and all is well. 900 an acre here with a pond and 3 springs one we use for our water.

 

[speckledhen]

Where do you live, woodsman23, what state?

 

[Happy Chooks]

Quote: Ditto.

My family has a little over 300 acres combined. It's all trust land, passed from generation to generation. It's used and maintained by all. In our very rural area here in Alabama, acreage is only worth a little over $5,000 each. We have 2 barns, and a few other out-building plus 4 homes on the land and the whole lot is only valued at around $430,000! Now that's refreshing at tax season, though I can't imagine what it would be like in some other state, like California!

You are a lucky duck. I'd love to have that passed down to me.

In CA, that would be about 1.5-2.5 million here. More if it is located in the wine country or near the coast.

Think I'm joking?

http://www.landwatch.com/California_land_for_sale/300_Acres

 

[ivan3]

speckledhen wrote: Clarified something by looking closer at my tax bill, but that also created a new puzzle. The homestead exemption, which is about $2000 off of the 40% of the assessed home value, is still in force. No idea why we were told it was removed, so now, we don't get why the house taxes went up $150 per year a couple of years ago with no increase in assessed value on the house. So, that is a new question to ask.

There was a freeze on value that was just unfrozen, hence the tax value of my house on the 2.22 acres is now supposedly almost $30K more this year than last year, adding yet another $150 in property tax, which means since we bought in 2002, that portion of the taxes are double what we originally paid per year. My pal Don actually took it upon himself to call the tax assessor's office here and speak to them and what they've done is make up for all the years those values were frozen at one time, hence, my two lots have gone up by almost 500% in property tax. Now, common sense would tell anyone that folks living here on a fixed income would have trouble paying that. And in this market, they'd also have trouble selling the land.

Fannin `froze' homestead exemption in place: https://etax.dor.ga.gov/ptd/County/LGS_Local_Property_Tax_Facts_for_the_County_of_Fannin.pdf

But an assessment `freeze'? County wide? (when/how/what? no amend. to a `sunset' provision requiring the notification of property owners of upcoming changes when `freeze' ended?).

Couldn't find any info regarding such in the GA Administrative statutes pertaining to CO TAB's: Maybe you'll have better luck:

http://rules.sos.state.ga.us/cgi-bi...ON/APPRAISAL_PROCEDURES_MANUAL/index.html&d=1

 

[Back2MyRoots]

Well it might would be worth a lot more somewhere else, but I do love our little corner of the world. It's a hour from any town or store, so rural is an understatement! And get used to family sticking their nose in everywhere, because my brother, sister and mother live on the acreage with me and my husband. And every other neighbor within 3 square miles is a relative! Put up fences and we have our own little cult...........

 

[speckledhen]

Fannin `froze' homestead exemption in place: https://etax.dor.ga.gov/ptd/County/LGS_Local_Property_Tax_Facts_for_the_County_of_Fannin.pdf
But an assessment `freeze'? County wide? (when/how/what? no amend. to a `sunset' provision requiring the notification of property owners of upcoming changes when `freeze' ended?).
Couldn't find any info regarding such in the GA Administrative statutes pertaining to CO TAB's: Maybe you'll have better luck:
http://rules.sos.state.ga.us/cgi-bi...ON/APPRAISAL_PROCEDURES_MANUAL/index.html&d=1

What I can tell you is that they don't update their website regularly. If you speak with officials in the office, you get a slightly different version of facts that you see online. Sad, but true. I'm not sure what is going on in this county or even this state, but it's leaving a very bad taste in my mouth. I grew up here. My DH's ancestors founded this state. We came back here after he retired from the Air Force. We've owned three houses here since that time. My little mountain feels more like home than anywhere we've ever been, but I'm not at all in love this state.

Georgia will now collect 8% sales tax for online purchases, I just heard. The sales tax here isn't even 8%, for crying out loud.

 

[rebelcowboysnb]

Georgia will now collect 8% sales tax for online purchases, I just heard. The sales tax here isn't even 8%, for crying out loud.

How much does a Alabama PO box cost?

Yes they are going to start charging sales tax online to people with a Ga address. I think Ca started that junk but lots of states do now.


It is 8% in parts of the state though. State gets 6% then the county can tack on taxes. We pay 7% right now.

 

[Back2MyRoots]

How much does a Alabama PO box cost?

Ours is $30 for a regular small box per 6 months.

 

[Happy Chooks]

Yes they are going to start charging sales tax online to people with a Ga address. I think Ca started that junk but lots of states do now.


It is 8% in parts of the state though. State gets 6% then the county can tack on taxes. We pay 7% right now.

Yes, our lovely state did it. But Amazon screwed them. Amazon agreed to charge sales tax on what they sell. So after the law passed, they sent most of it out to 3rd parties. They don't collect sales tax, because Amazon sold it for other businesses.

 

[rufus]

We were also looking for some acreage. Eventually, our house will be a freeway on ramp. Construction was supposed to start in 2014, but because the money from the sales tax was ripped off to do some other projects, ours has been put off until 2022. So I guess we have a ten year reprieve.

Last January I saw a "for sale" notice on craigslist. Forty acres for $60,000. The hitch was that they wanted an all cash payment. No checks. The property was half way to California in the middle of the desert. We would have to string the electric line about four miles. And then, we would have to either haul water or drill a well. Then there was the question of putting up fences and building a house and barn.

I guess it isn't easy to live a rural lifestyle now days.