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Ag Exemption Question

1,301 Views | 5 Replies | Last: 4 mo ago by jokershady
jokershady
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I inherited some farmland when my father passed away. There was no will and my mother didn't want to deal with it so there a long process with probate.

Finally it all got done and it transferred from my dad's estate to my mom then to me on January 6th of this year. It had an ag exemption on it.

I was told that because the property had an ag exemption under my dads estate as of 1/1/2025 that it would stay the entire year and that I would have to file a new ag exemption for it being under my name before April 30th for 2026….

However, I just got the appraisal notice from Colorado county and the taxes owed for 2025 just jumped from $316 (paid last year) to near $9,000…..

Am I screwed? Was I given incorrect information? Or did they make a mistake?

I should add I also have land inherited that's in Wharton county and I just checked everything there and that still looks correct for taxes owed for 2025….i.e. still appears the ag exemption is there due to taxeble values being so low….
Bonfire97
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OK, I am not an attorney, but have dealt with ag exemption stuff before. I am pretty certain you were dropped because all new owners must refile the 1D1 form. They don't just automatically give you the exemption. I would call them and get the form and file it and you should probably be OK.
Mas89
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I would go in person and speak with the person in charge of ag exemptions. With an appointment.
Red Pear Realty
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Mas89 said:

I would go in person and speak with the person in charge of ag exemptions. With an appointment.
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Jbob04
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Usually have to fill out a form for ag exemption when there is a change in ownership.
jokershady
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Forgot about my thread here. Clerical error. Someone didn't check a dang box they were supposed to.

Yes I'll need to re-apply for Ag exemption but because ownership changed after 1/1/25 the ag exemption stays for all of 2025 and I'll need to re-apply before 4/30/2026….

Colorado and Wharton haven't even gotten the paperwork out yet to even make the change….all that raised blood pressure for nothing….
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