If You’re Eligible, You Can Get a Tax Break Under the Greenbelt Law

Those who own a large parcel of land that’s either open space, forest or used for farming, may qualify for a tax break under the greenbelt law. You’ll need to check with the department of taxation in your state to get specific eligibility requirements. Some require that the land be accessible to the public, which means the loss of privacy may not be worth the money you’d save on your property tax bill.