Forest Economics
Writing a Forest Management Plan
Think of a forest management plan as a “How to Manual” that guides you toward producing the greatest number of benefits from your property.
February 19, 2021
Think of a forest management plan as a “How to Manual” that guides you toward producing the greatest number of benefits from your property.
If you hold timber as an investment, you might want to make an election on your tax return to capitalize certain forest management expenses and carrying charges that would otherwise be wasted for federal income tax purposes.
Property taxes have been among the top concerns for forest landowners in Georgia for many years. Three preferential tax programs have been established to help qualifying landowners reduce their property taxes, discussed here.
Think of a forest management plan as a “How to Manual” that guides you toward producing the greatest number of benefits from your property.
If you hold timber as an investment, you might want to make an election on your tax return to capitalize certain forest management expenses and carrying charges that would otherwise be wasted for federal income tax purposes.
Property taxes have been among the top concerns for forest landowners in Georgia for many years. Three preferential tax programs have been established to help qualifying landowners reduce their property taxes, discussed here.