Forums46
Topics546,093
Posts9,831,164
Members87,690
|
Most Online25,604 Feb 12th, 2024
|
|
|
Re: Own Land
[Re: cameron00]
#1153368
01/06/10 07:53 PM
|
Joined: Feb 2009
Posts: 11,099
devildog28
THF Celebrity
|
THF Celebrity
Joined: Feb 2009
Posts: 11,099 |
Those of you that keep repeating how expensive it is to own, it's not really that bad.
Taxes: Ag Exempt $70/year Insurance (liability): $120/year
That's basically it apart from what I would spend at a lease anyway (corn, feeder, etc.). How much land is the taxes on? I'm looking at about 50-100 acres.
|
|
|
Re: Own Land
[Re: devildog28]
#1153410
01/06/10 08:12 PM
|
Joined: Jan 2009
Posts: 8,719
cameron00
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Jan 2009
Posts: 8,719 |
It's only on 40 acres, but it's in an expensive part of the state, so it's probably on a similar valuation to 100 acres elsewhere.
Taxes were $2k/year before the exemption and $70/year after.
|
|
|
Re: Own Land
[Re: cameron00]
#1153450
01/06/10 08:29 PM
|
Joined: Feb 2009
Posts: 11,099
devildog28
THF Celebrity
|
THF Celebrity
Joined: Feb 2009
Posts: 11,099 |
Wasn't trying to get in your personal busines but thanks for helping me get an idea. Seems like the extra work for cows etc. could save me a a lot of money as long as upkeep for animals isn't that great.
|
|
|
Re: Own Land
[Re: devildog28]
#1153553
01/06/10 09:08 PM
|
Joined: Jun 2007
Posts: 34
maichip
Light Foot
|
Light Foot
Joined: Jun 2007
Posts: 34 |
I do both. Lease for the past 15 years in Blanco County. Own about 125 acres in Cherokee County.
After about a week at the lease, putting up with the landowners BS I am glad to get back to my place where I make the rules.
|
|
|
Re: Own Land
[Re: devildog28]
#1153808
01/06/10 10:44 PM
|
Joined: Jul 2006
Posts: 110,840
dogcatcher
THF Celebrity
|
THF Celebrity
Joined: Jul 2006
Posts: 110,840 |
Seems like the extra work for cows etc. could save me a a lot of money as long as upkeep for animals isn't that great. The cost of the exemption can exceed the tax savings. If you have a couple of cows die on you in a year you are back to square one. Most will find to get the ag exemption and pay the smaller taxes cost a lot in time and money. It can depend on how you value your free time.
Combat Infantryman, the ultimate hunter where the prey shoots back. _____________"Illegitimus non carborundum est"_______________
|
|
|
Re: Own Land
[Re: devildog28]
#1153841
01/06/10 10:57 PM
|
Joined: Apr 2007
Posts: 61,990
BOBO the Clown
kind of a big deal
|
kind of a big deal
Joined: Apr 2007
Posts: 61,990 |
Wasn't trying to get in your personal busines but thanks for helping me get an idea. Seems like the extra work for cows etc. could save me a a lot of money as long as upkeep for animals isn't that great. You can also lease it out if you don't want to mess with them
Bottom line, never trust a man whose uncle was eaten by cannibals.-Sen Joni Ernst
|
|
|
Re: Own Land
[Re: BOBO the Clown]
#1153849
01/06/10 11:02 PM
|
Joined: Nov 2008
Posts: 44,461
rifleman
Sparkly Pants
|
Sparkly Pants
Joined: Nov 2008
Posts: 44,461 |
seems to be the easiest route.
|
|
|
Re: Own Land
[Re: BOBO the Clown]
#1153852
01/06/10 11:03 PM
|
Joined: Feb 2009
Posts: 558
jodster
Tracker
|
Tracker
Joined: Feb 2009
Posts: 558 |
worm farm, hay field, raising trees- ag exzempt doesn't have to be cattle.
|
|
|
Re: Own Land
[Re: jodster]
#1153946
01/06/10 11:43 PM
|
Joined: Feb 2009
Posts: 11,099
devildog28
THF Celebrity
|
THF Celebrity
Joined: Feb 2009
Posts: 11,099 |
Hay field! There's the ticket.
|
|
|
Re: Own Land
[Re: devildog28]
#1154017
01/07/10 12:11 AM
|
Joined: Nov 2008
Posts: 44,461
rifleman
Sparkly Pants
|
Sparkly Pants
Joined: Nov 2008
Posts: 44,461 |
hay fields are work too if you want to keep them as hay fields and not something that looks like a bomb testing site.
|
|
|
Re: Own Land
[Re: devildog28]
#1154036
01/07/10 12:18 AM
|
Joined: Jan 2007
Posts: 821
nolanspawn
Tracker
|
Tracker
Joined: Jan 2007
Posts: 821 |
Anyone here have the wildlife tax exemption?
Active Duty Air Force
|
|
|
Re: Own Land
[Re: dogcatcher]
#1154040
01/07/10 12:22 AM
|
Joined: Jan 2009
Posts: 8,719
cameron00
THF Trophy Hunter
|
THF Trophy Hunter
Joined: Jan 2009
Posts: 8,719 |
You can plant hay and then lease your pasture to someone for grazing.
|
|
|
Re: Own Land
[Re: cameron00]
#1154183
01/07/10 01:27 AM
|
Joined: Feb 2009
Posts: 17,104
Closed Traverse
THF Celebrity
|
THF Celebrity
Joined: Feb 2009
Posts: 17,104 |
if u have fifty acres, or even 100.. ur not gonna eb overloaded with extra work at all, totally worth the ag exemptions.... JMO...
|
|
|
Re: Own Land
[Re: Closed Traverse]
#1154547
01/07/10 03:46 AM
|
Joined: Aug 2004
Posts: 17,745
Txduckman
THF Celebrity
|
THF Celebrity
Joined: Aug 2004
Posts: 17,745 |
Guess I am spoiled with buddies with land and leasing over 1,000 acres. Any of you buy land around 100 to 200 acres acres after being used to hunt over 1,000 acres on a lease? Buying 1,000 acres is around $2,000,000 most places I hunt so I figure leasing for $9 to $10 an acre is cheap unless I won the lottery. I just can't imagine going back to a place under 600 acres to hunt if I had to buy and be broke.
|
|
|
Re: Own Land
[Re: Txduckman]
#1154936
01/07/10 06:27 AM
|
Joined: Feb 2009
Posts: 17,104
Closed Traverse
THF Celebrity
|
THF Celebrity
Joined: Feb 2009
Posts: 17,104 |
Guess I am spoiled with buddies with land and leasing over 1,000 acres. Any of you buy land around 100 to 200 acres acres after being used to hunt over 1,000 acres on a lease? Buying 1,000 acres is around $2,000,000 most places I hunt so I figure leasing for $9 to $10 an acre is cheap unless I won the lottery. I just can't imagine going back to a place under 600 acres to hunt if I had to buy and be broke. but do u really have that 1000 acres all to urself??? i have a cumulative of 1000 acres to myself, but mostly deer hunt on about 600 of it. i know most people may hunt on a 2000 acre ranch, but are leased at 200acres per hunter. which to me sounds like crap lol
|
|
|
Re: Own Land
[Re: Closed Traverse]
#1155134
01/07/10 01:40 PM
|
Joined: Sep 2004
Posts: 4,550
kyotee1
Extreme Tracker
|
Extreme Tracker
Joined: Sep 2004
Posts: 4,550 |
Glad I have some land...sold a farm in East Texas a couple years ago, miss it, but the relatives who lived next to it, I had problems keeping them off from hunting it.
Where I live now, there's plenty of deer, hogs, ducks, a few turkeys and on a dove flight going to roost. No exotics though, unless an Elk happens to get out of a few high fences around and takes up home on the place...my FREEZER became his home!
|
|
|
Re: Own Land
[Re: nolanspawn]
#1155138
01/07/10 01:45 PM
|
Joined: Sep 2004
Posts: 4,550
kyotee1
Extreme Tracker
|
Extreme Tracker
Joined: Sep 2004
Posts: 4,550 |
Anyone here have the wildlife tax exemption? I do...had the place for hay and converted it over to wildlife. Doesn't reduce the taxes any since they are almost identical and actually more work is involved...but it is rather statisfying to see the benefits of what you have managed for and show others while enjoying a little during the hatching/birthing times for a diversity of species. My dad wanted to see deer and more species, and I reckon that's why I have tried so hard to fulfill his dream which has come true, plus stock some crappie in the big pond (big No-No) but he wanted them and we do have a large population of Florida hybrid bass and blue cats to keep their population down. They were stocked back in Dec. 2000.
|
|
|
Re: Own Land
[Re: kyotee1]
#1155152
01/07/10 02:05 PM
|
Joined: Dec 2008
Posts: 244
redonthehead
Woodsman
|
Woodsman
Joined: Dec 2008
Posts: 244 |
My family owns 1500 ac. s/w of Sonora. We have been blessed having this property, pretty tough for a blue collar family to pay it off, but its ours now. It is hard with up-keep on the place when you live 7 hours away.
Your words and how you use them will expose your character
|
|
|
Re: Own Land
[Re: Closed Traverse]
#1155370
01/07/10 03:51 PM
|
Joined: Aug 2004
Posts: 17,745
Txduckman
THF Celebrity
|
THF Celebrity
Joined: Aug 2004
Posts: 17,745 |
6 guys on 1,100 acres and rarely is there more than 2 people there at a time. All stands are shared. It's nice to be able to spread out and hunt different areas. When I hunted smaller parcels not 2 miles from there, you would rarely see deer. Having a large place under one fence in this area is a big plus. No way would I buy anything smaller where I hunt cause it would not be worth hunting plus I still couldn't afford it.
|
|
|
Re: Own Land
[Re: MogulRanch]
#1155799
01/07/10 06:48 PM
|
Joined: Aug 2007
Posts: 919
daulongranch
Tracker
|
Tracker
Joined: Aug 2007
Posts: 919 |
60 acres in Concho County. Stopped leasing about 14-15 years ago.
I can hunt my backyard in Hunt County, also. I saw a pretty nice buck last week. I watch those deer, not hunt them. There are far too few deer around. Otherwise, I'll just be watching squirrels and crows...oh, joy!
daulongranch - Live in Rowlett - Ranch in Concho County
"The strongest reason for the people to retain the right to keep and bear arms is, as a last resort, to protect themselves against tyranny in government."-- Thomas Jefferson
|
|
|
Moderated by bigbob_ftw, CCBIRDDOGMAN, Chickenman, Derek, DeRico, Duck_Hunter, hetman, jeh7mmmag, JustWingem, kmon11, kry226, kwrhuntinglab, Payne, pertnear, rifleman, sig226fan (Rguns.com), Superduty, TreeBass, txcornhusker
|