[AT] Off Topic, Logging property

[Mattias Kessén]

You Americans never seize to surprise. No offense but is it common to own
forest without a plan and harvest often for firewood. I'm beginning to
question my understanding of the English language and I know little about
modern forest industry here but... I'm surprised. I've always thought
forest to be a long term investment. Once again no offense I'm aware that
our societies are very different and can't be compared therefor (which is
very apparent when you read most Swedish newspapers reporting from USA,
using our standards for you is absurd as the other way around).
I think I've got to pour me another whisky here in the sauna and read more
of Arto Paasilinnas great authorship.

Mattias
Den 17 sep 2012 16:22 skrev "Mark Greer" <markagreer at embarqmail.com>:

> You need to create a "Timber Management Plan". This involves having a
> qualified forester advise/help you develop a plan for your woodlot's
> specific conditions and your specific intentions for it. You will inventory
> and value trees which have good potential and then develop a plan to help
> them reach that potential at a faster rate. This involves Timber Stand
> Improvement (TSI) work which may include selective thinning around crop
> trees, trimming/removing grape vines, selective harvesting for timber,
> etc., etc. It is an ongoing process but can be financially very much worth
> your while. Your local Ag Extension service would be one place to start
> looking for this information to get started. Pennsylvania DCNR is also a
> good place to start looking for information.
>
> http://www.dcnr.state.pa.us/forestry/privatelands.aspx
>
> An active Timber Management plan is a must for land owned where you plan
> to sell timber some day. The tax ramifications of not having a documented
> working plan can make it not worth selling timber because you stand to lose
> so much of a sale to taxes. By inventorying and valuing the trees at the
> time of land purchase and then looking at the difference in value at the
> time of sale, you can count a sale as a capital gain and only owe the lower
> capital gains tax rate on the difference (the capital gain) vs. just
> selling timber and paying the higher income tax rate on the WHOLE sale.
> Mark
>
>
> ----- Original Message -----
>
>
> Yes, I think I'm going to contact an un-biased forester and create a
> logging
> plan.
>
> Hopefully we will follow the plan and there will be no surprises in the
> family.
>
> Thank you everybody for the information.
>
> Regards,
>
> Will
> SE PA
>
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