Virginia Option to Purchase Farm Land to be Developed for Industrial or Commercial Purposes
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How to fill out Option To Purchase Farm Land To Be Developed For Industrial Or Commercial Purposes?
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020 Permitted principal and accessory uses and structures. Property and buildings in an R-2 district shall be used only for the following purposes: (1) Detached single-family dwellings, but not including trailer houses or mobile homes.
You may qualify to claim this credit if:You're a farmer, grower, rancher, or someone else engaged in agricultural production for market; and.You have a soil conservation plan or resource management plan in place that your local soil and water conservation district has approved.
The Light Agriculture (A-1) Zone is intended to ensure that the rural character of portions of the planning area is maintained. Typical uses in this zone include truck farming, field and tree crops, and low density residential uses.
Virginia Code defines a farm as one or more areas of land used to produce, cultivate, grow, or harvest agricultural products. A tree farm does not qualify as a farm unless it is also part of a nursery, a Christmas tree farm, or what is otherwise a farm. ( Va.
You may be eligible for real property tax relief in most Virginia cities and counties if you are 65 years old or have a disability (regardless of age). You may also qualify for additional personal exemptions or deductions on your Virginia state income tax return.
Since farm supplies are exempt from sales tax, Virginia farmers should have paid very little, if any, sales taxes for their ordinary farm expenses. If they did pay sales taxes on ordinary farm expenses, those taxes are directly deductible along with the other farm expenses.
Virginia State Code requires a minimum of five (5) contiguous (unimproved or more) acres. One acre is excluded for a house-site (if dwelling exists) or a proposed house-site. The remaining five acres or more may qualify for Land Use taxation.
You may qualify to claim this credit if:You're a farmer, grower, rancher, or someone else engaged in agricultural production for market; and.You have a soil conservation plan or resource management plan in place that your local soil and water conservation district has approved.