4 ms·
There's a large plot of land along a highway outside Fort Worth that is definitely prime development land. The owner keeps a few cattle on the land, qualifying
by devilbunny 5y ago
There's a large plot of land along a highway outside Fort Worth that is definitely prime development land. The owner keeps a few cattle on the land, qualifying it for agricultural property taxes instead of the much-higher residential rates. Until the land is bid up high enough to make it worthwhile to sell, the ranching operation is enough to keep it inexpensive to hold onto and provide some deductions.