MSU Extension recently released a new QFP bulletin, E3234, by Dr. Karen Potter-Witter.
Private landowners own over 11 million acres of forestland in Michigan. The purpose of the Qualified Forest Program (QFP) is to encourage private forestland owners to manage their land in an economically viable and environmentally sustainable manner. Landowners receive an exemption from local school operating taxes and/or exemptions from the uncapping of the taxable value of the property in the event of a change in ownership.
See file below for more information about the program.
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