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Post by Deleted on Oct 28, 2013 17:12:53 GMT -5
I have 33.3 acres of timbered land. The land is classified as agriculture on the tax info. While it is not currently being logged, there is harvestable timber throughout the property. Would this property meet the requirements for landowner exemption?
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Post by morrison on Nov 4, 2013 11:20:21 GMT -5
According to the Indiana Code posted below, the property you described would qualify as farmland.
IC 14-22-11-1
"Farmland" defined; license requirements and conditions
Sec. 1. (a) As used in this section, "farmland" means agricultural
land that is:
(1) devoted or best adaptable for the production of crops, fruits,timber, and the raising of livestock; or
(2) assessed as agricultural land for property tax purposes.
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