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What the hell to do
#5587915
02/07/15 06:17 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
San Antonio man inherits land in San Saba. about 280 acres. Lived in San Antonio my whole life. I can't move there. A few buildings but nothing inhabitable for now. What the hell would you do, and where do you start?
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Re: What the hell to do
[Re: JTristesse]
#5587950
02/07/15 06:37 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
500K's cool with me but see the thing is wife wants to make money and she won't sell. She wants to make some money. We eventually want to retire there. But that's faraway.
Last edited by JTristesse; 02/07/15 06:42 PM.
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Re: What the hell to do
[Re: JTristesse]
#5587960
02/07/15 06:47 PM
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Joined: Jan 2011
Posts: 626
bigbroke12
Tracker
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Tracker
Joined: Jan 2011
Posts: 626 |
Wife is probably pretty smart!!
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Re: What the hell to do
[Re: JTristesse]
#5587961
02/07/15 06:47 PM
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Joined: Apr 2011
Posts: 353
TexasLandAgent
Bird Dog
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Bird Dog
Joined: Apr 2011
Posts: 353 |
Lease hunting rights. btw, $500k for 280 San Saba acreage is wayyy low. Don't leave money on the table.
Last edited by TexasLandAgent; 02/07/15 06:52 PM.
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Re: What the hell to do
[Re: TexasLandAgent]
#5587963
02/07/15 06:49 PM
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Joined: May 2010
Posts: 12,987
hoof n wings
THF Celebrity
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THF Celebrity
Joined: May 2010
Posts: 12,987 |
This and add a couple cows to keep your taxes low.
Last edited by hoof n wings; 02/07/15 06:50 PM.
I'd ask him if he's pregnant. He missed a s__tload of periods. I'll take "things that look like a uterus" for $200 Alex.
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Re: What the hell to do
[Re: JTristesse]
#5587990
02/07/15 07:09 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
Yea we're definitely going to get some catttle on their for taxes. As of now my newly met neighbor Cousin Zeke had been letting his cattle run through our property so (small little gate) technically we've had cattle but I don't even know if that counts. But we've done my inlaws taxes as having cattle on board.
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Re: What the hell to do
[Re: TexasLandAgent]
#5587996
02/07/15 07:11 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
Thanks for price undersell alert. This ole city boy has gotta turn country real quick
Last edited by JTristesse; 02/07/15 07:15 PM.
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Re: What the hell to do
[Re: JTristesse]
#5588059
02/07/15 08:05 PM
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Joined: Aug 2008
Posts: 1,404
Stickchunker
Pro Tracker
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Pro Tracker
Joined: Aug 2008
Posts: 1,404 |
Like others have said, lease the hunting rights.
In these times , 'I'll keep my God , my freedom , my gun and my money. Anyone that supports this insanity can keep "THE CHANGE".
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Re: What the hell to do
[Re: JTristesse]
#5588074
02/07/15 08:35 PM
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Joined: Oct 2007
Posts: 7,450
FoxTrot
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2007
Posts: 7,450 |
I would be interested in leasing. Let me know if you want to lease it
I avoid Dick's and hope they fold.
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Re: What the hell to do
[Re: JTristesse]
#5588102
02/07/15 09:04 PM
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Joined: May 2011
Posts: 1,235
Fltmedic
Pro Tracker
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Pro Tracker
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Posts: 1,235 |
Sounds like a blessing to me, best of luck. Leasing sounds like a safe bet hunting and cattle grazing. If you are looking for someone to lease hunting rights I'll jump in line. Enjoy your inheritance!
Don't take life so seriously, you'll never make it out alive!
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Re: What the hell to do
[Re: JTristesse]
#5588394
02/08/15 02:07 AM
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Joined: Apr 2009
Posts: 5,561
Slow Drifter
THF Trophy Hunter
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THF Trophy Hunter
Joined: Apr 2009
Posts: 5,561 |
If the place is not already in ag exemption, get 5 years worth of receipts from Cousin Zeke for grazing the place. If it is, get them anyway. Good luck with the place. And sorry for the loss. Inheritance generally means someone died in the process.
"I have no idea what WW-III will be fought with, but WW-IV will be fought with sticks and stones." A. Einstein
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Re: What the hell to do
[Re: JTristesse]
#5588751
02/08/15 01:30 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
my inlaws have had the ag exempt forever. will there be some county employees nosing around now after a significant transfer in the county?
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Re: What the hell to do
[Re: JTristesse]
#5588752
02/08/15 01:30 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
my inlaw sold his last bull last year
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Re: What the hell to do
[Re: JTristesse]
#5588796
02/08/15 02:17 PM
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Joined: Apr 2009
Posts: 5,561
Slow Drifter
THF Trophy Hunter
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THF Trophy Hunter
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Any time property in ag exemption changes hands the new owner has to also apply to continue the ag exemption. It's not automatic.
Last edited by Slow Drifter; 02/08/15 05:30 PM.
"I have no idea what WW-III will be fought with, but WW-IV will be fought with sticks and stones." A. Einstein
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Re: What the hell to do
[Re: JTristesse]
#5590264
02/09/15 01:46 PM
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Joined: Jan 2015
Posts: 590
HWY72
Tracker
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Tracker
Joined: Jan 2015
Posts: 590 |
If you don't want to invest in cattle, you could lease the grazing rights and still maintain the exemption. Fees for grazing rights have increased with the increase in cattle prices the last few years. Grazing lease should bring as much or more than hunting lease if you have improved pasture.
Call Jordan Cattle co in San Saba & they could probably help......
Last edited by HWY72; 02/09/15 01:48 PM.
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Re: What the hell to do
[Re: JTristesse]
#5590274
02/09/15 01:54 PM
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Joined: Jul 2013
Posts: 7,179
therancher
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jul 2013
Posts: 7,179 |
my inlaws have had the ag exempt forever. will there be some county employees nosing around now after a significant transfer in the county? Probably. You should do something to protect yourself from the tax man. I'd either get the wildlife tax exemption or if fences are good I'd throw a couple of buffs on there. They carry ag exemption just like cattle and are easy to keep.
Crotchety old bastidge
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Re: What the hell to do
[Re: JTristesse]
#5590441
02/09/15 03:49 PM
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Joined: Oct 2012
Posts: 25,276
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 25,276 |
I'm gonna be the fly in the ointment. Since you just got this place, I'd let things settle down before you do anything. Is Zeke really a cousin? If so, family running cattle, then you leasing grazing rights to someone else can usually cause tension. I think it depends on who's working in the appraisal district office, but I don't think they usually race out there and check for livestock after a transfer. Also, be sure and check out the wildlife exemption thoroughly, from an objective source, and make sure you want to go through those requirements before you kick any livestock off.
I'd also say wait on leasing out the hunting. If your marriage is even remotely like mine, your lovely wife may want to make some money off of the place, but the person farting with the hunters, contracts, liability releases, making sure rules are followed, picking up beer cans, etc. I'm guessing is gonna be you. Sounds like you may not have the time for that right now. I'd let it sink in being mine (ours) before letting anybody else come on the place.
Just my opinion. That and 4 bucks will get you a cup of coffee!
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: What the hell to do
[Re: JTristesse]
#5591811
02/10/15 04:14 AM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
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Re: What the hell to do
[Re: JTristesse]
#5591832
02/10/15 04:28 AM
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Joined: Apr 2011
Posts: 353
TexasLandAgent
Bird Dog
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Bird Dog
Joined: Apr 2011
Posts: 353 |
JT fyi you may be over a $1million on market value in that acreage ( depending on a few things ). If y'all ever want to sell give me a shout.
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Re: What the hell to do
[Re: JTristesse]
#5593027
02/10/15 11:42 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
yeah I'm starting to realize the worth of the land
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Re: What the hell to do
[Re: JTristesse]
#5593284
02/11/15 02:48 AM
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Joined: Jul 2013
Posts: 6,063
Wilhunt
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jul 2013
Posts: 6,063 |
What part of san Saba county? North, south.........
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Re: What the hell to do
[Re: JTristesse]
#5599365
02/14/15 05:37 PM
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Joined: Feb 2015
Posts: 10
JTristesse
OP
Light Foot
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OP
Light Foot
Joined: Feb 2015
Posts: 10 |
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