What are the costs associated with owning hunting land?
Josh from IA asks: With this recent talk of buying land in a few questions I had one of my own. Say a person owns a 500-700 acre farm. What costs would they have per year(payments and taxes.) Do you have any idea? Really wondering how a person with not a bunch of money to throw around right away could buy land sooner instead of waiting fifteen years down the road. Thanks and keep up the good work with the awesome website. Best of luck this season, Josh Winke Responds: Josh, Yes, I know only too well what it costs to keep the place going. Assuming Iowa. I would say the taxes in Iowa would be about $2,500 to $3,500 if there are no dwellings and it is roughly 60+% timber that you get into the forest reserve program (no taxes on that). It will cost, on average about $100 per acre for food plots – more for corn and less for beans and clover. That assumes you have the equipment and the time. Figure the annual land payment will be roughly 10% of what you owe (paying interest and principal). T
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