tricks to Lowering taxes on high acreage land, farm land?

[Alex Gabb]

Hi everyone. I'm looking at some properties in New Jersey, and some have 5 acres. More land = higher taxes right? But what if I did what I could to legitimize it as a farm property, even though it's not. Would there be tax breaks, and are there FHA loans specific for farms? I don't plan on it being a full fledged farm, but if I keep a chicken coop or something would that work?

My motto:
The lesser you owe, the richer you are.