How Vermont’s Use Value Appraisal Program Can Benefit Your Forestland
When it comes to Vermont’s forested land, thoughtful maintenance and care is essential to its overall health.
The state of Vermont is around 80% forested, and 80% of that forested land is privately owned.
How Vermont’s Use Value Appraisal Program Can Benefit Your Forestland : Taxing
The Use Value Appraisal Program, also known as Current Use, “enables landowners who practice long-term forest management to have their enrolled land assessed for property taxes based on its value for forest management rather than its fair market (development) value.” Once enrolled in Vermont’s Use Value Appraisal Program and working with a forester, tax savings become available.