Serving the Pacific Northwest
Are you tired of losing money on your hay crop, just to stay in the Farm and Ag Current Use Program but would still like to raise a cow or two?
As many of you who own agriculture land know, you must prove income on your farmland or risk losing your tax deferred status - to the tune of thousands of $$$ in back taxes. A better option is available …. It’s called silvopasture - or the combination of growing both pasture and trees - and you can be in the Timberland classification and forget about proving income. And if it done right, it doesn’t cost much - $350-$500 per acre – depending on the pasture. The payback is not just tax savings. A fir stand will yield $10,000 /acre in 40 years.. an 8% return on investment!