What is the law in Illinois regarding percentage of tillable land vs percentage of woodland you may own before you must pay new property tax.
Asked on 2/06/12, 7:14 am
1 Answer from Attorneys
What do you mean "new" property tax? Treatment of woodland in IL as anything other than residential has to do with numerous factors, including whether it is +/- 5 acres, contiguous, being commercially felled, etc. Why don't you visit with your local assessor?
Answered on 2/06/12, 9:51 am
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