WHAT NOBODY'S TELLING YOU ABOUT MAKING MONEY WITH LAND! Tax Day!
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- čas přidán 29. 06. 2024
- WHAT NOBODY'S TELLING YOU ABOUT MAKING MONEY WITH LAND! Tax Day! Today I'll go over some ways we made money on our farm land without working. We'll talk about timber, hunting leases and tax savings! Hope you all enjoy!
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There is nothing fair about taxes. It’s just legalized extortion. What kind of taxes are being applied to a used car?
Amen!
@@StoneyRidgeFarmer there pretty well ripping people off there must be related to the deere dealers here in canada
You getting any goods or services from any Gov. level?
@@bretcoldren6691 the vetrans shouldnt pay taxs the rich should be wich hope they dont rip my gf in her taxes because she's in the U.S military
bret coldren And the other half are on welfare
I feel taxes on something you own already should be illegal
Exactly!!
It’s not your own sovereign country lol. You still live in a county or a state that has roads to pay for and maintain. They have a right to tax you, it’s the price we pay for living in the greatest country on earth.
@@HockeyTownHooligan5 taxes are not a right.... sorry
@@HockeyTownHooligan5 this definitely isn't the greatest country on earth lol think outside the box
illegal or unlawful, the words are very different in court
Y'all get taxed annually on your trucks? Time for a revolution.
Gotta love how it works, the insurance look at the stuff as if its worthless, the tax man looks as its worth EVERYTHING!
Exellent Analogy!!!!!!!!!!!
Didn't know some states charge a yearly tax on your vehicle, you learn something new everyday.
I didn't either until I moved to a state that charges you tax on your vehicles yearly.....it is crazy. What is even crazier is the stupid people who voted these morons in office who passed the tax in the first place.
I think it must be to help pay for maintenance on the roads. I know they don't have this tax in Florida, but they make their income from a daily travel fee on certain freeways such as the Turn Pike etc...
sames here wich sucks wich everything here are 99% taxed wich kubota and case dealer he only charges 5% wich he trys save money for customers woooooo
In NC it is called a highway use tax. The tax is to pay for maintenance of the roads and is only required, if you want to have a valid registration for your vehicle to operate it on the roads. We could debate all sorts of taxes and I a, against property taxes in particular. This is not a property tax in NC.
@@michaelmactavish1728 had to hit that Kubota ad Michael I know you promote your dealer in every comment on every video but it's which not wich have a good evening
Thank you for making this video. We have talked before through email about clearing land and timber and that helped a lot but seeing it in a video is nice. I’m sure this will help others. Take care, and happy new year!
Good for you actually doing something about your extortion!!! Most people just complain and pay it... keep pushing back ladies and gents. They extort you, then make you prove them wrong.
I've been watching your videos for about a year now. You provide a lot of good information and it's very educational. I will utilize it on my 50 acres I just purchased. Keep providing all the great content. Happy New Year!
Happy New Year Josh and Mrs Stoney Ridge, hope all goes well for you both in 2020.
I had never lived in a place that had "personal property taxes" before I moved to VaBeach in 1992. The concept blew my mind. You mean to tell me you're going to "tax" (extort with the threat of legal action and jail) the property that I own just because I own it???
How do they get away with it? At least with property taxes, they sorta justify it with, "the money goes to the functional budget of the municipality, blah, blah, blah, etc..", but with personal property taxes, what is the justification??? We are going to charge you money for owning and using your property...that you already own...and use...
It's wrong and should be unconstitutional. The gov't is basically seizing your property (your hard earned money) for no reason without justification.
Can you imagine what Jefferson or Madison would have thought about this concept? Their heads would have exploded with the tyranny of this system. How far we have fallen from our roots of liberty.
I agree with you
💯
I'm just now finding out that this is a thing! This blows my f-ing mind. Our fore father's would have burned everything down by now.
Jefferson and Madison and more did something about what was happening during there time. We hope it will someday correct itself. Pen and Paper don't work at this time
There are way more of us than there are of the overlords, and it's time we reach critical mass and shove them right off the top of the mountain.
Wake up folks! We don’t own anything! My friend was so happy, one more payment and his property was his! I told him people don’t own property,we are considered property! If you don’t believe me, stop paying your taxes and see how long you keep it! If you want to put a wrench in their operation, ask them where your taxes go! Josh the fact your paying taxes on a truck every year that is supposedly yours , is unconstitutional! Didn’t you pay tax on that truck when you bought it? That’s why your state government thinks they can infringement on you and your constitutional rights, most importantly your second amendment rights! Wooooo!
Spot on. Stop paying your property tax and see how long it takes for the real owners to show up.
DHSvictim !!! My time is very short, so to speak! I made a pledge awhile ago, to take only memories and leave only footprints! I can’t take all this stuff with me! Love You! Could I ask you for one big favor? Could you change DHSvictim to DHSVICTORY! Love you! Wooooo!
DHSvictim !!! Your not a victim yet! I myself,I live in a pole barn. To some people it would be a barn, to me it’s a palace! Your situation is only temporary! Live in it, learn from it! And above all else, be thankful! Then you will be victorious! DHSVICTORY!
Thanks for the info Josh. My and my family are big time supporters of you, your family and your farm. WOOO
Thanks Josh! I’m saving your videos about land and soil management to watch over and over and over. I’m also in NC and have some farm land that could use a tiny bit of attention!!
More to come for sure!
Hey Josh,
the area of 50 feet next to your stream that you aren't allowed to cut you show at 6:18 is probably meant to be a Riparian Buffer to protect your stream from becoming polluted by runoff from your fields and to protect wildlife that lives nearby. Makes perfect sense for everybody. Thanks for your video.
All the best from Germany
Hey Josh thank you for the video I enjoyed it and it's good to have the video here because I can always look back down the road when I need to and happy New Year to you and your whole family y'all stay safe now
That's the work truck for the farm it should be a write off
Here in Texas rolling stock is not taxed. On my 63 acres with 2 new barns,a well house,an outhouse(yes they taxed my freaking outhouse). 9 tractors at the farm location plus a 450G dozer,350B crawler loader,a jd backhoe,a ford dump truck,too many implements to count and 5 trailers of assorted sizes and configurations. Land is 80% wooded. $1700.00 for taxes.
Thanks for the reminder about taxes. I had entirely forgotten about them and would not have if not for your "public service" announcement. Looking forward to your videos for the coming year. Happy New year to you and the Mrs.
lol get your checkbook!
Happy New Year to you and the Mrs and StoneyRidge Farm!
Sorry to miss your point of the video , you are a great source for land owners to manage land
You have great videos that are very instructional which makes you and your channel unique -- HAPPY NEW YEAR!
Very informative. I enjoyed this video. Thank you 😊
Glad to see you are not using any type of chemicals on the earth.
trying not to use chemicals if we can
Funny how things differ in different areas. I was told to cut the trees along my creek by the conservation dept.
In NH we don't have income or sales tax on anything but we do pay personal property taxes to the town, county, and the state on our land, homes, vehicles, campers, RV's boats,etc....
Happy New year Josh. Good video 👍
Oh yeah bro, happy New Year. You have taught me a lot in a short period of time.
Thanks...hope hearing this helps ya...I'm working on a book about the reality of starting a farm and ways to generate income thinking outside the box...also a book concerning soil health and biology
Happy New Year 🎊 Josh 💯✊🏽💯
Good tips Josh very good video thanks Happy New Year to you and family
Smz’s (stream management zones) keeps the natural creek structures from erosion
Good stuff josh. Good info that we would not have known
Happy new year and awesome video
Happy new year's from Ireland give us a hi
Hello there Josh and wifey. Hope the weather in North Carolina is as gorgeous as here in West Virginia.
Lol welcome to owning a Diesel truck.. somehow they think because its a diesel mileage and shape means nothing.
Another Great video
Then there is the high road tax on the fuel
@@davesilvia9711 Amen to that!
Happy New Year Josh, good luck with the illness, you can beat that if ya try, don't give up, keep trying, am cheering for you. trust me you will feel better
You mean...being chubby? LOL...working on it brotha lol
@@StoneyRidgeFarmer you are clever / smart, good job reading between the lines, i was trying to Not be rude, and PC at same time, lol, glad ya got it correctly, Happy New Year perhaps some may ask about the "illness", it was refered to as big boned when I was a youngen ? who needs 6 pack abbs when ya got a kegger going on. go ahead make me lol good stuff 4 sure, Live stream today?
Much love brother nice to find this great channel
Hi from yamba Australia enjoy your videos interesting about vehicle taxes happy New Year to you and your family
Thank you Josh. Very informative video. Happy New Year 🎉🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
Looking forward to seeing you fix the Massey.
Have a great 2020.
MEEEEE TOOOOO, and ol' Popcorn
Awesome video thank you. No one else will do this
Here in Michigan we only pay tax on a vehicle once when you buy it. You pay the sales tax at the dealer or when you go between two party's, you make a receipt what it is with vin number and price paid. basic sales tax 6% when you get your plates. once as long as you own it.
I am in VA and every year I challenge my tax assessment on my vehicles. As long as you have documentation of mileage you can make them reduce it to VADA book value for "good" condition. I have a 2006 VW Jetta diesel that is my commutor car with 362,900 miles on it. They seem to think it is worth $5000 every year till I bring them documentation of the mileage. Usually knocks it down to about $2000 value. But as you found out, you must do it early.
Happy New Year mr and Mrs Stoney Ridge
Cassette tapes, I grew up when 8 tracks were cool! Holy shit I’m old ain’t I!
My first 2 cars had 8 track players!
Don’t feel bad guys my first tape deck added to bottom of the dash in the Chevy wad a 4 Track...Lol...
😅😅😅😅😅
So far as I know, we can do little about our aging, but also as far as I know there is no rule that says we have to grow up, I have been sticking with about 26 or so, and it works for me.
You're making a lot of sense its something land owners should pay attention to about that border at creek I lost a good amount of land because the neighbors hired hand took chainsaw to the trees along the river above my land about ten acres over a 2 year time with flooding
Happy New Year to Everyone.
Having a good accountant has really worked well for us.
I have one too...cost me $200 per hour to sit down and have a chat about planning
Stoney Ridge Farmer remember that when he comes looking for some burger...👍🏻🤑🤑🤑
Hey! That's what ours costs!
Really helpful. I appreciate it Josh.
I agree about not understanding the taxes in NC
Great information Josh....Thanks!
Great information, thanks!!
Our state just announced they will charge an additional 200$ for registration for electric cars due to loss of revenue from gas taxes! We will not win! Time for a tea party!
What's our country coming too!
Thanks for the information.
Happy new year!
In Ontario we get taxed on our property and nothing on the vehicles
prime minister dopeys fault lol
That’s crazy taxes on old vehicles
Thank God that in Florida we don’t have that kind of problems in vehicles taxes
Good stuff. Surprisingly few discussions online along this line.
In Florida, if a vehicle is twenty years old it is considered an antique.
We don’t have that tax on vehicles in Michigan, only tags once a year plus regular vehicle insurance.
...HAPPY NEW YEAR,,
Hey Josh! The Family Dollar that they built on your family land in Meadows of Dan, is finally opening next Thursday! It has taken forever!
Great video love the idea on logging your land and the taxes on the truck is bs in my book
Hi Man, I would love to visit your farm!!! I'm a first generation land owner...In NC as well! And like to get some ideas from experienced guys like you.
Subscribed!!!
Welcome to the channel...buddy this has been a journey for sure
Good thought bro....
Happy New Year you all
Happy New Year
I have my land in forestry too. I recently had a thick stand of lob lolly trees about 14' high. Through the USDA program they paid to have it thinned, about 20 acres. Now the ones that remain will really grow. The forestry service has a program that if you plant long leaf pine they will pay for 40% of the cost to plant. A min of 5 acres to participate. Later on you can make money off the pine straw. I live in NC too.
Hey can you provide me some direction on where to look into this program. I just got 23 acres in NC and am interested in the forestry program
I just moved here from illinois two months ago
@@TheAcenightcreeper Have your local NC forestry service make you a forestry plan. After they make your plan take it to the tax office in your county and your property taxes will drop.Go to the local County Extension office and get a USDA Farm number and start applying for grants.
@@markfields8092 Okay, I am in Cabarrus Co. i am going to check it out. The land is so overgrown, ive been out cutting by hand, but it is slow going ,would take me years to do with a tractor and a chainsaw
@@TheAcenightcreeper You might want to hire someone with a fencon forestry machine to put in trails.
Hi..... Thank you 🎥👍👍👍
My state doesn’t have a personal property tax but in your state you shouldn’t pay more taxes on something that they is worth more then it’s worth.
Thanks! I’ve been trying to look more into this, if you could go more in-depth that’ll be awesome
I believe there has to be a fire set in the field and burn everything for those pines to properly grow. “I think” if I’m wrong just let me know. 👍🏻 Happy Freakin’ New Years Josh and family and of course everyone else too! Lol
No ya don't have to do a controlled burn for these trees...but it will stimulate growth and lots of areas in eastern NC do that. The NC long leaf pine really like controlled burning
Stoney Ridge Farmer Ahh okay. I knew it was some type of pine that likes to be on fire, lol. I just didn’t know which one. I stayed in Wilmington, NC for 14 years and my neighbor use to grow pines and sell them. 🤷🏻♂️ But he would try to teach us stuff and his son and I wasn’t really that interested because we were unaware of the importance.
Thanks for the info... I have a 300 acre woodlot in south east Canada the way the pay out for wood here is roughly in 1/3rds the land owner, trucking/logger company, mill split the profit equally...
our loggers typically haul the lumber
They are completly mad how in thw world can 1 year differce models make such a differance. Good luck brother.
I'd start a revolution over that!
Wahington state passed a rapid transit tax that raised the license tabs on my 2006 416 Sprinter van from $178.00 per year to $525.00 per year. The majority of the population lives in King county where the rta tax will be spent. We and 35% of the population live in the rest of the state, so a proposition was initiated, voted on and approved to reduce license fees in the rest of the state. Now King county is suing Washington voters to remove the proposition and by initiating their law suit has blocked the reduction in taxes. I really can feel your pain with your discussion with your tax accessor. Now that I'm done complaining about license fees you have an awesome channel and I've been an avid subscribe for a while now and you and your family have a Happy New Year
I am looking at a 3 acre piece of land, but part of it is sloping, it has some trees and I think I am learning something.
We moved our of louden County VA because between a regular home and 2 regular cars we were paying almost 10k a year in property tax
That's a terrific video Josh❣️❣️❣️❣️❣️🎉
Wwwwhhhooooo ❣️❣️❣️❣️❣️❣️
excellent video.
Nubuck leather boots are great you never have to clean or polish them.
Glad we don't have that vehicle tax in Michigan. That's crazy values. My 2003 Ram Rumble Bee is only worth about $3,500. We have horrible rust here.
Yes, wetlands must be protected, not sure of limits here but I know there are limits.
Michigan set asaide program pays you not to plant your fields. But it must be brush hogged once a year.
Taxes are a bummer so is homeowners insurance in northeastern California!! My insurance just went from eleven hundred dollars to seventy-five hundred on an 1800 square foot house all this because Pacific Gas and Electric don't maintain their equipment!!!
Very good video, thanks for sharing...need to find a piece of land like that. Can you share were to find or who to contact for buying a piece of land in North Carolina or SC?
The cut area looks like my brother's land when he bought it. He has 35 acres mostly woods. I think he has about 10 acres of cleared land.
Thank you.
I recently watched a video that said those NADA rates are too high now because they are selling used cars. At the dealer they could be $15,000 because it’s being financed but if you pay cash to an individual you can buy it for $5000
When we harvested our trees in BC, Canada, we pay a 10% logging tax, and, a percentage of the value of our timber, is added to our assessed value of our land, so we pay tax on that too.
Hmmm....that sounds really fair now doesn't it ....I had to pay income tax on the earnings...but they were offset by the fact that it devalued my land by more than 50% without 50% return
yeah now hard to do logging now and haul logs to N.S pulp mill plant wich is close down
Oh, and that's on top of the income tax we'll pay...
@@kansmill the best tax service i get my taxes done is liberty tax wich i have the best service from woooooo
Happy New Years Eve
put farm use tags on them that might help we had farm use on everything we used on the farm i used to work on
Can't do that in this state...they have "Farm Tags" that you purchase at a lower rate...however don't get caught going to the grocery store in your truck or the cop can take your tag and you'll not be able to drive home!
well it was a idea i no you better use them for farm use only they take a paint can around here an put farm use on the truck or a piece of wood thought it might help with ur taxes if it was farm use im in swva abingdon va
Always hate doing that. Taxes stink.
I have a 2011 Lincoln MKX that the Kelly Blue Book values at about $6000, and the tax department has it valued at over $14000. I haven’t appealed it yet, but I will. I would gladly sell it to them for their assessed value, and would even put new tires on it. I don’t know where they get their vehicle values, but they are no fair!
I have an uncle with 800 acres in pine trees. He gets around $40k a year from this same method.
Seems like it takes decades to grow new trees. Thanks for the video....
Can you go to 3 different places and get value of your truck that way I did with a old Chevy?
My dad and our family planted apples trees and one pear tree my grandma makes a lot of apple butter and can a lot of apple sauce and we also have vegetables that we can my grandpa has a milk cow I love taking care of Sadie ! My grandpa and my family grow popcorn corn mostly for family ! Made homemade piccadilly ! Love when my family have wild duck with winter squash and pickle cauliflower and onions ! Take care Stoney ridge farmer 👩🏻🌾👨🏼🌾🐔🦆🦆🌲🌲🌲🍏🍏🍏🍎🍎🍉🍿🍿🍿🌽🌽🌽🌽🍅
Here MO we too pay "personal property tax". It's am annual tax on cars, boats, planes (if you have those), horses, cattle, tractors, etc. etc. The list is long. And of course if you don't pay the tax you can renew your car/truck registration, driver's license, and some other stuff.
Then there are the property taxes here. If you're behind for over three years the county will auction your property off.
With all this in mind do we actually own anything?? ...or are we paying government for the privilege of "ownership"?
Holy. What percentage is that personal property tax?
@@LittleAnastasia... no not high taxes in MO, just tax everthing. Perhaps because state has long dixi-crat heritage, still burbling just under the surface...
Legislation is being drafted to repeal the PP tax in MO, would be voted on in November 2020 I believe.
@@agenblr Interesting. How will the revenue be replaced for local governments?? That will be the big question. Every county & district in the state relies on those revenues & some don't have enough sales to switch to sales taxes which has been the other source of local revenue.
Good ol NC. Pay taxes when you buy it, then pay taxes every year afterwords.
I paid my tax last Monday. Iredell county North Carolina raises my tax bill $500 this year. Every 4 years they reappraise the value. It was to late to dispute mine
Our tax values are actually dropping here...crazy huh
Stoney Ridge Farmer my house value went from 177k to 207k so that’s why it raised so much. Statesville Nc is in a good area for house value increase I guess. I wanted land and wife wanted neighbors. Since I’m not home but once a week for day in half. Wife won. Happy wife hope happy life. Happy new year
Ok, Professor.... Thanks for the inclusion on the ways to make money!!!!! Why are you being taxed on your trucks..... I thought DMV of North Carolina did the taxing on vehicles!!!!!! Did I miss something at the start??????????? Wooooooooooooo!!!!! (YOU FORGOT AGAIN!!!!) HAPPY NEW YEAR!!!!!!!!!!!!!!
You pay your property taxes at the DMV every year...but the tax evaluation is through the county tax department
Lol the tape was hilarious