Changes to MN woodland property tax rate
Bruce ZumBahlen wrote a guest post yesterday on the Vital Forests / Vital Communities blog describing changes to Minnesota’s property tax. These are exciting changes, favoring active sustainable management through consultation with a professional forester.
Every Minnesota woodland owner should know about these changes! An excerpt:
For the first time, MN has a law that provides the opportunity for woodland owners who are managing their property under a forest stewardship plan to receive a reduction in their property taxes payable in 2009 and thereafter.
Bruce and the Minnesota Forestry Association deserve great credit for their work to advance this issue.