If all your properties are fenced, lease out your land for say cattle, hay, honeybees, or something else (hunting) and it'll pay for your property tax.
This thread got me to talking with some folks that live in Osage County. Apparently if both primary owners are over 65 years old, the homeowners can apply to freeze yearly property tax assessment at current levels. It will be stuck at the year that BOTH owners go over 65.
We had a talk with our assessor's office today. They are sending the paperwork for us to fill out. They won't send it if one doesn't ask for it.
We had a talk with our assessor's office today. They are sending the paperwork for us to fill out. They won't send it if one doesn't ask for it.
It's income dependent.
They didn't say anything about that, but the paperwork is coming, so we will see.
Tulsa County Senior Valuation Limitation locks in the Taxable Fair Cash Valuation but does not freeze taxes.
The county also has a fairly low household qualifying income of $85,400. Between my wife's meager income from her job, our combined SS income and investment income, we easily exceed that.
It does not need to be applied for yearly.
The county also has a fairly low household qualifying income of $85,400. Between my wife's meager income from her job, our combined SS income and investment income, we easily exceed that.
It does not need to be applied for yearly.
If you exceed that you don’t qualify.
That's why they call it "qualifying income".
But for the sake of some, let's call it a limit.
True, but typically the landowner pays the beekeeper
Around my location, the beekeeper pays the landowner in a quart or so of honey every so often. Not many keepers around here. Mostly hobby bee keepers.
I know of two. One had a trap on our place last summer trying to gather a hive, but wasn't successful. He put a hive on a buddy's place that is producing well. Probably because there is a garden nursery across the street.
Think someone would pay me to bring over a bunch of cows?
Similar threads
