What land qualifies for Agriculture/timber appraisal? Or what are the criteria for qualifying Agriculture valuation?
A3. Taxpayers may qualify for agriculture/timber appraisal under “open-space valuation”, also called “1-d-1 appraisal”. To receive “1-d-1” appraisal, your land must meet the following criteria: • Currently, the land must be devoted principally to agriculture use and/or timber production. • Agriculture land and timberland must be devoted to production at a level of intensity that is common in the local area. • Timberland must be used with the intent to produce income. • The land must have been devoted to agricultural and/or timber production for at least five (5) of the past seven (7) years. Very few land owners may fall under “1-d” or “agriculture use” appraisal since owners have to show at least 50% of their income come from farming or ranching.
