Tag: Current Use

Let’s start with a definition: “Current Use” is a state-specific property tax reduction program in which landowners with qualifying forests or farms can get a significant annual tax break if enrolled. The primary benefits to the landowner are the reduced property taxes which can help you hold on to your…
A few weeks ago, I began a series of posts on what land buyers should consider before purchasing land. Remember that we call the research to ensure that a property satisfies all of the buyer’s criteria “due diligence.”  Last time, I discussed due diligence on access, boundaries and deeds. Today, we’re…