texashuntingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
carr, BigSpin, Bart, KeyWestKen, Hunt-Fish-231
70158 Registered Users
Top Posters(All Time)
dogcatcher 110,533
bill oxner 91,416
SnakeWrangler 63,591
stxranchman 59,968
Gravytrain 46,950
RKHarm24 44,585
rifleman 44,461
BMD 41,236
Forum Statistics
Forums46
Topics609,172
Posts11,319,132
Members85,158
Most Online19,184
Feb 5th, 2020
Print Thread
Land Purchase - Ag Exemption Transfer? #8380989 09/10/21 04:17 PM
Joined: Mar 2011
Posts: 2,061
T
Toxarch Offline OP
Veteran Tracker
OP Offline
Veteran Tracker
T
Joined: Mar 2011
Posts: 2,061
Just purchased a ranch and it currently has a cattle lease and an existing Ag exemption. Is there any way to have that existing exemption transferred over to me or do I have to wait to apply for next year?


It is far more important to be able to hit the target than it is to haggle over who makes a weapon or who pulls a trigger.

� Dwight D. Eisenhower
Re: Land Purchase - Ag Exemption Transfer? [Re: Toxarch] #8381020 09/10/21 04:34 PM
Joined: Nov 2014
Posts: 7,258
M
Mr. T. Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
M
Joined: Nov 2014
Posts: 7,258
Does Texas ag exemption transfer to new owner?
Now, when you purchase a property that is under an ag valuation, you'll have to maintain that valuation. (if it has cattle on it, you have to keep cattle on it, if raising hay, you need to continue to raise hay. It doesn't automatically transfer for you. You have to apply for that valuation with the tax appraisal district. May 11, 2021
It requires a plan that has to be approved by the appraisal district. It's not hard, but it does take a little effort to apply


Cabin rental in Pagosa Springs, Co.
Sleeps 10, If interested please PM me.
Re: Land Purchase - Ag Exemption Transfer? [Re: Toxarch] #8381039 09/10/21 05:03 PM
Joined: Mar 2007
Posts: 5,213
R
Rustler Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
R
Joined: Mar 2007
Posts: 5,213
Contact the county CAD, ask them what is necessary to keep the current 1d1 property tax valuation upon change in ownership.
Many counties have all info available online.

Re: Land Purchase - Ag Exemption Transfer? [Re: Toxarch] #8382380 09/12/21 12:09 AM
Joined: Mar 2011
Posts: 2,061
T
Toxarch Offline OP
Veteran Tracker
OP Offline
Veteran Tracker
T
Joined: Mar 2011
Posts: 2,061
As far as the property taxes go, the Title company already collected that for the remainder of the year. Applying for the exemption for next year should not be a problem. I am just wondering if there is a way to get the current ag exemption under my name so that I can use it for feed, equipment, etc., right now.

Last edited by Toxarch; 09/12/21 12:09 AM.

It is far more important to be able to hit the target than it is to haggle over who makes a weapon or who pulls a trigger.

� Dwight D. Eisenhower
Re: Land Purchase - Ag Exemption Transfer? [Re: Toxarch] #8382393 09/12/21 12:23 AM
Joined: Mar 2013
Posts: 4,260
J
jetdad Online Content
Extreme Tracker
Online Content
Extreme Tracker
J
Joined: Mar 2013
Posts: 4,260
You're wanting an exemption from sales tax. You have to go through the state for that.

Re: Land Purchase - Ag Exemption Transfer? [Re: Toxarch] #8382471 09/12/21 01:51 AM
Joined: Mar 2007
Posts: 5,213
R
Rustler Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
R
Joined: Mar 2007
Posts: 5,213
Ag/timber sales tax exemption info —-> Tx comptroller

Re: Land Purchase - Ag Exemption Transfer? [Re: Rustler] #8383663 09/13/21 11:54 AM
Joined: Nov 2014
Posts: 7,258
M
Mr. T. Offline
THF Trophy Hunter
Offline
THF Trophy Hunter
M
Joined: Nov 2014
Posts: 7,258
Originally Posted by Rustler
Ag/timber sales tax exemption info —-> Tx comptroller

^^^^^This.......very easy and can be done on line. up


Cabin rental in Pagosa Springs, Co.
Sleeps 10, If interested please PM me.
Re: Land Purchase - Ag Exemption Transfer? [Re: Mr. T.] #8384920 09/14/21 02:54 PM
Joined: Jul 2008
Posts: 3,758
B
Big_Country01 Offline
Extreme Tracker
Offline
Extreme Tracker
B
Joined: Jul 2008
Posts: 3,758
Originally Posted by Mr. T.
Originally Posted by Rustler
Ag/timber sales tax exemption info —-> Tx comptroller

^^^^^This.......very easy and can be done on line. up



Bingo, this is it for the sales tax. If you want to buy dyed diesel, you will need a separate application for that.

You will have to apply for the property tax exemption yourself for next year, the title company will not do that.


Previous Thread
Index
Next Thread

© 2004-2022 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
Powered by UBB.threads™ PHP Forum Software 7.7.3