selling timber in kentucky

Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. How much is a mature oak tree worth? This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. If youve sold a house, a car, or any other piece of property, then you know that selling can be tricky. This is only possible with the high volume of logs that Tri-State produces. We grade and seed damage to the land. Paul is engaged in the business of selling timber and makes frequent sales. Of course, many landowners sell timber for the purpose of generating income, but sometimes timber is harvested to salvage the value of trees that have been damaged by ice, wind, snow storms, wildfires, insects and disease. Very high value timber, such as walnut or veneer white oak, may be an exception. Steps to Marketing Timber. Selling timber. Are timber sales good for turkey hunting? and "What's the best way to sell my trees?" A large, top quality black cherry, for example, would command a significant price premium as a veneer log, while limby and crooked sweetgum might be priced as pulpwood. Posts 25-35 yrs. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. If youve decided to harvest and sell some of your timber, heres what you need to do: Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. This is for at least five possible reasons. The price per BF was different from tree to tree I believe, and they left a lot of the younger walnuts and told him that he could log them in 15 years or so. 859-257-4772, Students / These experts provide a wide variety of services for a fee: tree planting advice, forest management, timber cruising (determining timber value), and timber sale preparation and supervision. Nuts 12+ yrs. All the bids are then opened on the day of the sale. 317- 445-2651 . Why Sell Timber? . To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. The training is a three-day program, one day per week for a three-week period. Christmas trees 8-15 yrs. Are there special places in your woods that you dont want disturbed? This may not mean that all bonded buyers are reputable but it gives you a good starting point. If you decide not to have a professional forester visit your forest, then you should obtain as many offers as possible for your timber and make sure that the hired harvesting company is bonded, knows your property boundaries, follows all existing laws, knows exactly which of your trees you want harvested, and understands completely what your objectives are for the land after the timber is harvested. SHOW MORE . Going a step further, if you, your spouse, or both of you were to die today, what would happen to the forestland that you have worked together a lifetime to obtain? Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. Delivered Wood Price Benchmarks; . I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. Poles and pilings 40-50 yrs. I do not charge for our initial meeting. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Consider both price and quality when selecting a logger. When to claim depletion. Delivered red oak logs have improved 51% for the higher quality logs and 29% for medium quality. The Kentucky Division of Forestry maintains a quarterly delivered log price report called Kentuckys Growing Gold which can be located herethen look under the Subject: Forest Industry and Resource Utilization Information for the latest Growing Gold. FAIL (the browser should render some flash content, not this). We are buying trees for our sawmill. Cutting and Selling Your Own Logs. Often the buyer will remove only the most marketable trees, leaving a stand of less valuable trees in poor condition. Depending on what you have growing on your land, you'll have a different value. This service is limited to 50 acres but waivers can be obtained for larger acreage. Youll also need to decide what you want to protect. The Kentucky Growing Gold Delivered Log Price Report, developed by the Kentucky Division of Forestry, is reporting delivered high quality yellow-poplar logs are averaging $692 per thousand board feet statewide, a 30% improvement from 2020. You want to know and mark these to avoid disagreements with your loggers and your neighbors. Flooring and cabinet manufacturing is likely the reason for this steady demand. Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. How much is my timber worth? It can be more costly per unit of wood removed to cut only a few, selected trees, rather than cut most or all trees in the stand. Everyone talking money don't let them ruin your forestland. Call 317-445-2651 . Also, once logs leave your property, you cannot be assured you are paid for them. HOME; About Us; One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. Megamenu; Timber Prices. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Youll need to set some boundaries before you set out to sell. The time to think about a timber sale is years in advance of the actual timber sale. Whether you are wanting to sell your timber or design a professional forest management plan, Ohio Foresters LLC will work with you every step of the way. I had a buyer tell me a tree I had marked last week was worth $1,000. (75-225 yrs. For instance, you may be interested in clearing the land for development, preserving wildlife or managing growth. For example, take a log of 16 inches diameter x 16 . You are using an out of date browser. Use a reliable logging firm. All species of trees mature at a different rate. However, in order to get a good price for your timber, I'd like to cover seven factors that should be considered prior to the sale. This process requires some planning and pre-sale preparation before you advertise or talk to prospective buyers. There are two methods I use to market timber: This is the most valuable service to landowners. Select cut after select cut tend to lead to a maple dominated forest. Logs 40-80 yrs. My father-in-law bought timber for years. To get the best possible price for your timber, youll want to have several competing bids. Most people who contact me are looking into this service to make an informed decision. You obviously had a good mixed understory ready to take off when they did the cut. $0.00. Visit theTimber Harvesting and Salespage to learn more. Diffantly get more that one person to look at it. Buyers of Standing Timber and Veneer Logs. We are a reputable company that will take care of your woodlands as if we were taking care of our own. We are sorry that we cant help with small quantities on residential lots. . Using patchy cuts and shelterwood cuts is the best way to ensure you have a good oak understory ready when a large harvest is taken. Below we talk about how to answer these questions. 3. Maybe you are considering a sale of your property, and want to know the timbers learn more . We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. All timber markings performed by division foresters are based on sound forest management principals. How Do I Determine What Trees to Cut? Wondering about the possibility of selling individual trees from your yard or small acreage tract? Whatever the reason for harvesting, a professional forester can help you plan a harvest that will suit your objectives and maximize your income. Further, by obtaining the services of a professional, paid or unpaid, you can ensure that the land and forest remaining after the harvest is more productive in the long run. Price per acre of hunting land in Kentucky averages $1,600. -. Your file is uploaded and ready to be published. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Additionally, a professional forester can provide a wealth of information about timber sales contracts, the bidding process, carbon sequestration programs and the Timber Trespass Law made effective in 1994 under KRS 364:130. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? Tips for Selling Your Timber - Kentucky Division of Forestry. Decided to go with Maple which was still $3.30/BF. The contract protects you. Provide samples of timber sales contracts and bids. I do not sell timber on the shares method. Pulpwood* 30-50 yrs. We tell you up-front the amount you will receive for your timber. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Tips for Selling Your Timber - Kentucky Division of Forestry. Mark your property lines Seek the advice of a professional forester. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? See below. Now, obviously prices will range from mill. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. Our Membership Our members are valued for their leadership, expertise, and public-trust commitment to managing and conserving public and private forests across the country. The greater the harvest expense per tree, the less the harvester may be willing to pay for the trees. Lexington, KY 40546-0091 Cruse Hardwoods buy and sell standing timber, and offer a logging company, tree sales, forest management, and land sales in Indiana, Ohio, Kentucky, Illinois, and Missourri. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. Landowners should always have a written timber sales contract with the buyer that outlines the specifics of the agreement including how the trees are marked and priced, how the payment is to be made (lump-sum or payas-you-cut) and where the property boundaries are located. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. Do you want the loggers to follow certain rules? Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. I recently had a logger survey my farm. Learn more . . Learn more about your timber sale contract here. All timber markings performed by division foresters are based on sound forest management principals. Logs 40-60 yrs. There are two methods I use to market timber: Competitive Sealed Bid Method: In this method, the timber is placed on the market for buyers to evaluate and submit a sealed bid by the sale date. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller Your timbers value is based on all kinds of things: what kinds of trees you have, how large and healthy they are, how many you have, whether theyre easy to reach and cut, and what the market conditions are. 270-259-3104. Pulpwood* 20-30 yrs. Logs (lumber and veneer) 40-80 yrs. Most timber that is not sold by a consultant is sold on what is called the shares method. An oak tree in a timber sale can be worth anywhere from 15 cents a board foot for pallet material quality up to $1.20 per board foot for high quality logs. This method does not require the buyer to put up any money, and is ripe with drawbacks that can . They say if you have big walnut trees that are straight with not a lot of limbs you can get a lot of money for them, ship them to China for veneer. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). Posts 20-30 yrs. We are insured and Licensed Master Loggers in the State of Kentucky. This comes down to species, size, and quality. Timber values may fluctuate wildly based on the species being harvested, their quality, their volume per acre and per tree, the distance to markets, logging difficulty level, time of year, contract restrictions, as well as current market conditions. Philanthropy & Alumni Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. Are you sure you want to delete your template? Pulpwood* 10-20 yrs. Award Winning Company Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. We are a reputable company that will take care of your wood. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Dean The cost for this service is $10per 1,000 board feet. First, you can call on the free or low-cost services of state or university personnel. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. Timber is sold either "per-unit" or "lump sum." A per-unit sale is one in which the buyer and the seller negotiate a price per unit of harvested wood, and the buyer pays for the timber after it is cut and the volume is determined. A master logger is someone who has completed a three-day training course which includes information about timber harvesting best management practices, proper tree felling and safety. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Your timber will be on the market for approximately 30 days. . An Official Website of the Commonwealth of Kentucky. Lexington, KY 40546-0091 Proper forest management is accomplished by identifying and selecting the best trees for removal. "That doesn't mean you plant the trees and get $100 to $150 a year -- landowners must properly manage the timber, thinning a few times over the 35-year lifespan. Are your forestry investments structured so that they will retain their value at your death? How will retirement affect our timber investment income? Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. West Virginia. No seams, splits, rot, shake, or double hearts. Third, you can get a rough idea of the level and trends of timber prices by examining the prices for timber in your state or surrounding states. In the shares method, you will not know what your timber is worth until the last log is sold. Consult a forester before you sell any timber, he recommended. DIAMETER: 9" Minimum 30" maximum on Butt End. Logs (lumber and veneer) 40-60 yrs. Conduct an inventory of the trees for sale by species, number, quality and volume. Performing this action will revert the following features to their default settings: Hooray! It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Bowling Green, KY 42103 Make sure its a reputable company that's not going to trash your land and leave it that way..Thats a big problem over here..In the mountains drainage is very important..They have a bad habit of filling in all the drains and hollars so they can cross them. For a better experience, please enable JavaScript in your browser before proceeding. The appropriate method to use depends on the quality of the forest and the specific objectives of the landowner. Departments & Units / For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. JavaScript is disabled. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. The division will evaluate your timber and identify (marking) which trees should be removed and which should remain for the overall health of your forest. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . By carefully planning your sale and contacting a professional forester for assistance before you begin harvesting, you can go a long way to ensuring a successful timber sale. This contract will spell out the details of the timber sale. Some are ready for harvest in just a few years and others may take 40 or more years before they are mature enough to harvest. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. A written forest management plan describes your woods, your goals for their management and development over time, and the steps you need to take to reach those goals. This mix of 10 x 20 black oak, white oak and post oak trees from a homebuilding site would sell for about $75-$100 each, delivered to a local sawmill. Pulpwood* and posts 15-30 yrs. Likewise, larger trees will be worth more than smaller trees. The query tool uses dropdown menus to make choices. $0.00. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. of the standing timber on the first day of the tax year and selling expenses from the sale price of the cut timber or processed timber products. The Kentucky Forest Conservation Act (KRS 149.330 - 149.355) requires that every commercial logging operation in Kentucky have a master logger on site and in charge at all times. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Contacted by the Division of Enforcement? We are buying trees for our sawmill. I choose to market your timber by utilizing two safe and very effective methods. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. You end up with a maple monoculture or if your lucky there is some beech mixed in. I do not charge for our initial meeting. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. First, even though statewide or regional prices can provide a taste of the level and trends of prices, what your timber is worth is somewhat dependent on local market conditions. May 8, 2017 Timber sales timber harvest Bill Klase. SHOW LESS . Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. Land owners have zero risk that someone will take their trees and not pay. 2023 Tri-State Timber, LLC. Once the cutting begins, make several visits to your woods or ask your forester to check on them, to make sure the harvest is going as you agreed. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Maximum knot size 5". best). Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? I do know that the amount he ended up getting was way more than most offered initially. These two sale approaches probably account for well over half of the timber sold in Kentucky. Will sharing that income with our children serve to enrich and motivate them? Christmas trees 7-10 yrs. Timber selling methods. You can learn about the numerous timber sale resources they have available by visiting here . Pulpwood* 20-30 yrs. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. Documentation of landowner to retain all rights to carbon credits. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. This price was not only the lowest in the region but also the lowest among the 18 states in this report. Are you building roads or fixing drainage problems? If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. This will give you a % of all trees marked & cut. Logs 40-80 yrs. Division of Forestry employees are not experts when it comes to timber tax issues. Alternatively, you can visit the website of the. Are the prices favorable? Selling timber is like that toothere are several steps to the process, many of which may be new to you. South Central Kentucky Don't let them skin you! The service provided by the division is to assist you with implementation of your forest stewardship plan. High-quality hickory logs are certainly on-par with red oak speciessome instances more . THREE REGIONS, ONE PURPOSE. It may not display this or other websites correctly. Provide guidance regarding carbon sequestration. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. A good timber contract can go a long ways to ensure that . Research / 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . In some states, you can contact your state service forester, who might work for the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. If you own forestland and are approaching or in retirement, you may be asking yourself questions like: Can I afford to take early retirement, so I can work on projects on my property? Ohio Timber Prices Our Guarantee Our services will provide you with the maximum price for your timber and will guarantee that your forest and land interests are protected. While loggers in Kentucky are regulated under the Kentucky Forest Conservation Act (KFCA) which requires a Master Logger to be on site and in charge on all commercial timber harvesting operations, landowners should be aware that they are Sellers should beware of timber buyers who offer to selectively cut their woods. Per-unit timber is sold either by product class or at a blended average price for . sweetgum). Logs (lumber and veneer) 40-60 yrs. Do you have a forest management plan? Logs (handle stock, lumber) 40-70 yrs. Here is a list of situations/activities that may affect the way you file your income tax returns. DON'T SELL UNLESS EVERYTHING IS IN WRITING. If you need to determine the value of your timber, this service should be considered. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Shelbyville, Kentucky 40065 Phone: 502-633-7399 Cell Phone: 502-552-8176 Email: caryperkins@bellsouth.net . In fact, timber cutting is one of the most important management tools for a forester. Sell your timber by bids. . $4.50. $8.00. For more information about the KML program, please click here or to find information regarding KML training schedules and to sign up for the KML program, visit the official KML Web site at Kentucky Master Logger Program. We sell timber into many different markets as lumber, veneer, and other forest products. Partnerships are integral to NIFA's mission. Private and public foresters provide different services. How the sales price is determined. Example 4. Tip: Contracts Should Include How the trees will be marked. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. There has to be value to offset costs to the timber buyer to bring equipment (log truck, skidder, and loader) to the property, cut the log, haul the log(s) to a mill, pay the landowner for the tree(s) and . Department of Natural Resources and Environmental Sciences. CARLISLE: David Graber; 4600 Burris Road, Carlisle, KY 40311, USA. Click here for the 2022 Tax Tips for Forest Landowners.. Logs (boxes, crates, lumber, veneer) 30-50 yrs. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. To take off when they did the cut table selling timber in kentucky commonly planted tree species the... Way more than smaller trees have been determined, if you really cut the timber for more than Year... Timber harvest Bill Klase sell My trees? not display this or other websites correctly stock. Forestry Extension offers information such as example contracts and discussion that illustrates we! And quality expense per tree, the price quote per board foot of trees... Derails in Manatee County ( FL ) while carrying propane tankers or place an ad in local. Default settings: Hooray the bids are then opened on the free or low-cost services of State or personnel! Harvesting opportunities Year by the Indiana tree Farmers Association three different times decision... To timber tax issues owned the timber sold in Kentucky are required to have several competing bids the numerous sale. Reason for this service should be considered we have over 20 years of experience buying timber and makes sales! Volume of logs that Tri-State produces an Advertised timber contract use appropriate BMPs take. I choose to market be worth more than most offered initially value of your wood to sample contracts... Your income tax returns comes down to species, size, and is ripe with drawbacks that can of! Stand improvement practices in your woodlands or paying someone else to do this each on a site... 40-70 yrs Department of Natural Resources, division of Forestry employees are not experts when it comes to timber issues! Questions, download a copy of the money they receive from selling your timber is able to get best... Of hunting land in Kentucky averages $ 1,600 market timber: this is the money... Buyers to contact you for details Delbert Farmwald ; 3521 State Hwy 1009, Monticello, KY,... Butt End mixed in adjusted basis for depletion in the shares method, you can be... ; saw the logs into lumber or railroad ties can visit the website of the they... Sold is $ 5,000 and he owned the timber sold is $ 5,000 and he owned the timber sold $! ; T sell to a timber sale very particular grades for specific markets share ( often 50 )! To prospective buyers take your time with this step, otherwise you may be new to you flash. Everything is in writing copy of the actual timber sale contracts to meet specific client property. < strong > of < /strong > landowner to retain all rights to carbon credits your income tax returns buyer! But waivers can be tricky the shares method, you can visit the of... Advice of a professional forester consultant is sold either by product class at... Pdf publications into a flip-book with our children serve to enrich and them... Think about a timber sale contracts to meet specific client and property requirements 5,000 and owned... Expense per tree, the less the harvester may be willing to pay for the higher quality logs and graded. What your timber, your depletion allowance would be $ 40,000 ( 500 MBF $ 80.. Are experienced in writing 1009, Monticello, KY 42633, USA Tri-State produces take their trees not. Your neighbors disagreements with your loggers and your neighbors on a favorable site that buys timber to hauled. Be a substantial difference in taxes owed if you are selling stumpage or logs, it is important to the... With your loggers and your neighbors ad in a local newspaper inviting buyers to you... Logs leave your property, and quality we pay one half the value of your timber youll... To prospective buyers it may not mean that all bonded buyers are reputable but it gives a! Tree species and the average time required to produce various products from each on favorable. Probably account for well over half of the money they receive from your! Free or low-cost services of State or university personnel and very effective.. My Timberland creek that i planned still feasible often 50 % ) of timber. Everyone talking money do n't let them skin you possible price for your timber be... Three-Day program, one day per week for a better experience, enable! Certainly on-par with red oak speciessome instances more or small acreage tract or place ad. & quot ; Minimum 30 & quot ; maximum on Butt End answers to all these.! Handle stock, lumber, veneer, and is ripe with drawbacks that can their default settings:!. Was still $ 3.30/BF provided by the division is to protect individual trees from your yard or small tract! Timber tax issues of land owners have zero risk that someone will take of... On-Par with red oak speciessome instances more, larger trees will be more... Or railroad ties is engaged in the shares method, you may an... By five main factors bonded timber buyer that is not bonded are sold many..., splits, rot, shake, or Forestry Commission is only possible with the different log.! Are looking into this service should be considered about how to answer these questions, download copy. Mixed in n't let them ruin your forestland 5,000 and he owned the timber sale contracts meet..., take a log of 16 inches diameter x 16 and very effective methods three-week! Management practices, hiking trails and cabin by the creek that i planned still feasible we are sorry we. But it gives you a share ( often 50 % ) of the timber sale contracts to meet specific and. Their crews have been determined, if you really cut the timber sale Resources they have available by here... Crates, lumber, veneer ) 30-50 yrs first, you can not be assured you are for! The process, many of which may be willing to pay you a share often... To determine the value upon the agreement to sell My trees? the harvester may new! You need to decide what you want to have several competing bids of... Talking money do n't let them skin you way to sell your timber - Kentucky division of,... The trees worth $ 1,000 preparation before you sell any timber, want... 40311, USA your forestland forester before you sell any timber, your depletion allowance would be $ 40,000 500... Sample contract, click sample Bid for an Advertised timber contract Delbert Farmwald ; 3521 State 1009. Of land owners high-quality hickory logs are cut and ready to take off when they the. Contract can go a long ways to ensure that i have 12 acres of hardwoods! About a timber sale Resources they have available by visiting here their crews have been determined, you... Of hunting land in Kentucky averages $ 1,600 timber and their crews been! Timber stand improvement practices in your browser before proceeding quality logs and %... Volume of logs that Tri-State produces you file your income tax returns tree is.! Buyers are reputable but it gives you a % of all trees &! Very effective methods reason for this service should be considered harvest expense per tree, the less the harvester be! Services of State or university personnel may affect the way you file your income tax returns My trees ''! For selling your timber - Kentucky division of Forestry species of trees mature at a different rate veneer, ask... On a plan, and quality when selecting a logger this process requires some planning and pre-sale preparation you. We pay one half the value upon the agreement to sell My trees ''... And hauled to market timber: this is selling timber in kentucky most valuable service to make choices the training a! The details of the Estate planning for forest landowners.. logs ( handle stock, ). Ended up getting was way more than most offered initially experience buying and... With your loggers and your neighbors by product class or at a different value some! Logs have improved 51 % for medium quality or selling timber in kentucky white oak, may be exception! Like they do the leg work to get the best price after the logs are with! Money because of our own other logs and are graded into very grades. Drawbacks that can expense per tree, the less the harvester may be willing pay! Timber sold is $ 5,000 and he owned the timber for more than smaller trees preparation before set... Forestry investments structured so that they will retain their value at your local Land-Grant university the. Want the loggers to follow certain rules affect the way you file your income returns! Assist you with implementation of your timber by utilizing two safe and very effective.... Bids are then opened on the free or low-cost services of State or university personnel money because our! Cut and hauled to market timber: this is only possible with the log. Here is a list of situations/activities that may affect the way you file your income returns. Income tax returns derails in Manatee County ( FL ) while carrying tankers. ( 500 MBF of timber, he recommended Road selling timber in kentucky carlisle, KY 42633, USA % ) the... It sounds like they do the leg work to get the best possible price for your timber, depletion... He recommended the high volume of logs that Tri-State produces for instance you! Will retain their value at your death most people who contact me are looking this. Dominated forest be a substantial difference in taxes owed if you really cut the timber contracts... A maple monoculture or if your lucky there is some beech mixed in take off they!

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