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<br />Application For Property Tax Exemption of a Farm Residence
<br />
<br />This application must be filed every year on or before February 1 of the year for which the exemption is being requested. Return
<br />the completed application to:
<br />
<br />Property Number: 32-0000-03090-000
<br />Property Owner: Gerald Lahren
<br />Property Address: 15846 51st St SE - Kindred ND 58051-9317
<br />
<br />Legal Description
<br />
<br />NW 1/4 20-137-51
<br />
<br />The property owner(s) apply for real property tax exemption for the year 200 70n the property described above and, certify the
<br />following:
<br />
<br />SELECT ONLY ONE CATEGORY THAT APPLIES
<br />Active Farmer Category
<br />
<br />Yes No
<br />
<br />I. Is the residence located on a tract or contiguous tracts of agricultural land containing 10 or more
<br />
<br />acres farmed by the occupant? ....,....,.........,.... ..".,...,......... ........ ....,.....,.,...,.,..... .....,..."....,..,...... .......,...,........,.. ....,.....
<br />
<br />2. Is the major portion of the occupant's time devoted to farming activities? ..,....,..,...,..........,.............,..........................
<br />3. Does the annual net income from farming constitute 50% or more of the total income, including
<br />the income of a spouse if married, during anyone of the three preceding calendar years? ......,......,....,......,..,....,....,...
<br />"Net income from fanning" means taxable income from fanning as computed for state income tax purposes adjusted as follows:
<br />a. Add back the difference between gross sales price less expenses of sale and the amount reported for
<br />sales of agricultural products for which the farmer reported a capital gain.
<br />b. Add back interest expense from fanning which has been deducted in computing taxable income.
<br />c. Add back depreciation expense from fanning activities which has been deducted in computing taxable income.
<br />4, Did the occupant engaged in farming have nonfarm income, including that of a spouse, if married,
<br />of more than $40,000 during each of the three preceding calendar years? ..................,............,........................,..........
<br />
<br />Vacant Residence Category
<br />I. Is the residence intended for use as a farm residence? ........................,.....,..,..... ..........................................................
<br />2. Was the residence last used as a farm residence or as part of a farm plant? ......................,.......................................,..
<br />
<br />Farm Laborer Residence Category
<br />I. Is the residence being used as pUlt of a farm plant to provide housing for that farn1er's workers? ................,......,......
<br />
<br />Retired Farmer Category
<br />I. Is the residence occupied by an individual who retired from farming because of illness or age and who at the
<br />time of retirement owned and occupied as a farmer the residence in which the applicant lives and for which
<br />
<br />the exemption is claimed? .. ..... ............ ......... ...,.. ......... ............... ,............. .......... ......... ................. ........ .............. ..........
<br />
<br />x
<br />
<br />Beginning Farmer Category
<br />I. Is the residence occupied by an individual who began occupancy and operation of a farm within the three
<br />
<br />preceding calendar years? .,... ... ........... ........... ..., ..,....,.,......... ..... ....... ................. ..... ...,.,......... .,.... ........ ........ ...,...... ......
<br />2. Is the major portion of the individual's time normally devoted to farming activities? ..............................,...................
<br />3. Was there at least one of the prior three years in which the farmer had no farm income or loss? ................................
<br />
<br />I am willing to furnish proof of income if requested to do so by someone authorized to administer this exemption and I understand
<br />that making false statement in a governmental matter is punishable as a Class A misdemeanor provided in N.D.C.C. ~ 12.1-11-02.
<br />
<br />
<br />Assessor or Di rector of Tax Equalization
<br />
<br />Date
<br />
<br />24737 (Rev. 10-03)
<br />
<br />Application is: Approved _ Disapproved _
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