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Post by badbrad on Feb 8, 2017 13:40:42 GMT -6
Well fuck me dead! That might put me closer to buying a place than I figured then! Buy it, cut it to the fucking ground to pay for it, enroll in MFL Closed and reap the cheap taxes on a clean slate of prime bedding ground in 3 years! HMMMMMMMMM......
I know of a guy that did exactly that Dale. Seriously. That is an option for sure.
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Post by badbrad on Feb 8, 2017 13:42:07 GMT -6
Boy, I don't know. My folks' had a cut done in '11 and the state's cut would have certainly covered a number of years of property taxes. They'd had 2 previous select cuts done and the state got their share then too. That ^^^ is the impression I have always been under as well!
You guys are going to make me look it up aren't you. Boy I can't remember but I thought it was only like 10% or less if I recall. Even my forester said its a portion but its not that much. Either way that has been eliminated.
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Post by wiscwhip on Feb 8, 2017 13:42:46 GMT -6
I might have to start doing a bit of serious research into that?
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Post by badbrad on Feb 8, 2017 13:47:30 GMT -6
It was only 5%. I knew it wasn't much.
Fee Provision Current Annual
Government recipient 2006-2007 average
Rate or Fee
DNR Municipality County
payment per MFL acre
Acreage Share $ 1.46/acre 80% 20% $0.89
closure Fee $ 5.82/acre 100% $0.98 State contribution $ 0.20/acre 80% 20% $0.20 Yield tax* 5%/harvest 80% 20% $0.57
Non-compliance Fee* $ 250 80% 20% Not available Withdrawal Fee $ 300 100% Not available Withdrawal tax* Highly variable 80% 20% $1.25 Initial Average Forest Land tax Rate $24.82
total MFL Payments, Aids $0.98 $2.33 $0.58 $3.89
Net Average tax Base Reduction
$20.93 Table 1. Current Managed Forest Law fee structure and disbursement with statewide average data for 2006-07 (the year used in this analysis) *Fee provisions reflect changes in MFL due to 2004 Wisconsin Act 228.
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Post by badbrad on Feb 8, 2017 13:48:28 GMT -6
To meet this goal, a property tax deferral program was created. Instead of annual property taxes, MFL participants pay an annual per acre “open” acreage fee. “Open” MFL lands are those that allow the public access for hunting, fishing, hiking, sight-seeing, and cross-country skiing. Landowners can opt to close up to 160 acres of their enrolled land to public access to which a higher per acre fee (i.e., “closed” acreage fee) applies. Landowners, particularly those with small landholdings,often choose to close all or some of their land. When commercially valuable timber is harvested from MFL lands, participants are required to pay a yield tax (roughly 5% of the timber’s value). Participants enroll their land for either 25 or 50 years, with payment of withdrawal taxes and fees for early withdrawal from the program. The various fees, taxes, and payments are collected and distributed among towns, counties, and the DNR in specified ways (Table 1).
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Post by badbrad on Feb 8, 2017 13:49:47 GMT -6
Let me be clear. The text above is not on the DNR site because its old info. It does not apply anymore. I had to search other places that are out of date
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Post by smsmith on Feb 8, 2017 13:49:57 GMT -6
I wonder if because my folks' place had been on FCL before MFL came into play made it different? Back in the day, they signed up their back 80 for FCL and the front 20 on Woodland Tax Plan (think that's what it was called). That got converted to an MFL plan at some point.
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Post by badbrad on Feb 8, 2017 13:50:29 GMT -6
I might have to start doing a bit of serious research into that?
Do it. We need a Whippersnapper land tour thread.
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Post by wiscwhip on Feb 8, 2017 13:52:17 GMT -6
Yes, the DNR does not have the updated info posted on the site yet, I noticed that a few weeks ago when something got brought up in another thread on MFL.
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Post by wiscwhip on Feb 8, 2017 13:55:49 GMT -6
I might have to start doing a bit of serious research into that?
Do it. We need a Whippersnapper land tour thread.
LOL! Great choice for a name Brad! Seriously, back in the days of CB radios, Whippersnapper was my grandpa's "handle". For those of you who don't know what a CB radio is, check out something called 8-track tapes as well.
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Post by badbrad on Feb 8, 2017 13:56:06 GMT -6
I wonder if because my folks' place had been on FCL before MFL came into play made it different? Back in the day, they signed up their back 80 for FCL and the front 20 on Woodland Tax Plan (think that's what it was called). That got converted to an MFL plan at some point. Stu,
All FCL land was open. you could not close any FCL land to the public like you can MFL. MFL is when it started to give the option to close it.
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Post by badbrad on Feb 8, 2017 13:58:12 GMT -6
Yes, the DNR does not have the updated info posted on the site yet, I noticed that a few weeks ago when something got brought up in another thread on MFL. Yep. They even admit it is outdated.
dnr.wi.gov/topic/forestlandowners/taxrates.html
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Post by wiscwhip on Feb 8, 2017 14:05:50 GMT -6
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Post by badbrad on Feb 8, 2017 14:12:15 GMT -6
Just for the record, you're a fucker Brad! Now I have my sectioned grid paper out for a 40 square trying to figure out how I could log the majority of the middle and leave enough buffer around the edge to hunt and conceal the cutover...........
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Post by kabic on Feb 8, 2017 14:41:23 GMT -6
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