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MorlockP's profile
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
ⓘ Dogs don't have thumbs
@MorlockP

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ⓘ Dogs don't have thumbs

@MorlockP

Two-time Prometheus award-winning hard science fiction author. https://www.amazon.com/dp/B005JPPMS6  Learn how to homestead https://www.amazon.com/dp/B093BC3K1T 

Aristillus Crater, Luna
amazon.com/dp/B005JPPMS6
Joined June 2012

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    ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

    ⓘ Dogs don't have thumbs Retweeted ⓘ Dogs don't have thumbs

    correction: the taxes on my 40 acres of forest are $34/yearhttps://twitter.com/MorlockP/status/1285393864090583040 …

    ⓘ Dogs don't have thumbs added,

    ⓘ Dogs don't have thumbs @MorlockP
    At least in NH, unimproved land is barely taxed at all. My 40 acres of forest are like $100/yr in taxes, IIRC. https://t.co/LMYMJVwRFL 
    4:55 AM - 21 Jul 2020
    • 3 Retweets
    • 27 Likes
    • JMo Alexander Schneer alth0u🤸 Kendric Tonn 🌲FLOPCOPTER™️ Kevin Xu EnoRiverBend ザコ🇭🇰 StarlightBerserker 🇭🇰ザコ Elliot
    3 replies 3 retweets 27 likes
      1. New conversation
      2. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        ⓘ Dogs don't have thumbs Retweeted

        2/ random land counts I hate to praise government, but NH tax law is actually pretty good policy - they don't want to create perverse incentives where you pay $$$ on land, so you might as well develop it with crappy condos ASAP, so instead >>> https://twitter.com/octal/status/1285544673180778498 …

        ⓘ Dogs don't have thumbs added,

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      3. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        3/ you can elect a tax treatment for any piece of land > 1 acre (IIRC) that is not developed (this is true even for PIECES of larger parcels). the tax treatment is called "in current [ agricultural ] use", and applies to forest, fields, pastures, wetlands, etc. >>>

        1 reply 0 retweets 2 likes
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      4. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        4/ Any land that is "in current use" gets taxed at 10% of it's true / fair value. Moving land into "current use" is free and trivial (1 page form, $10 filing fee, IIRC). Moving land back out requires that you pay the taxes on the full-and-fair value over the prev 10 yrs.

        2 replies 0 retweets 3 likes
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      5. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        5/ Want to buy a forest and cut it down and build condos in 5 years? Don't bother with current use, just pay the taxes every year till you start building. Want to keep a farm, or a forest, for decades? Elect "current use", cut your taxes by 90% forever.

        2 replies 0 retweets 7 likes
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      6. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        ⓘ Dogs don't have thumbs Retweeted Wilbur Hassenfus & the Idle Speculators

        6/ "current use" designation flows with the land. If Farmer Bob had his land in C.U. for 20 years and you buy it, it's still C.U. If, 5 years later, you decide to build houses and take it out of C.U., you pay 10 years back taxes.https://twitter.com/lbsasquatch/status/1285548927492784138 …

        ⓘ Dogs don't have thumbs added,

        Wilbur Hassenfus & the Idle Speculators @lbsasquatch
        Replying to @MorlockP
        If somebody buys “current use” land to develop, does he pay the 10 yr back taxes or does the clock reset?
        1 reply 0 retweets 2 likes
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      7. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        7/ ...and note that if you buy 50 acres from Farmber Bob, all of it in CU, and you want to build a house, you can take 1 of the 50 acres out of CU. (note that all details here are approximate - maybe there's a 2 acre min for a house, maybe the 10% fair value isn't quite right)

        1 reply 0 retweets 3 likes
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      8. ⓘ Dogs don't have thumbs‏ @MorlockP 21 Jul 2020

        8/ more details https://extension.unh.edu/resources/files/Resource000976_Rep1099.pdf …

        0 replies 0 retweets 1 like
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      9. End of conversation
      1. Kensington Laptop Vurrification And Cleansing Svc.‏ @Wiswall13 21 Jul 2020
        Replying to @MorlockP

        Got a mule with that 40 acres too?

        0 replies 0 retweets 0 likes
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