These factors include - Competition: Size-wise, wood basins are typically small, making up of a handful of counties. General Specifications. There are two methods I use to market timber: This is the most valuable service to landowners. Forests can be harvested using a variety of methods ranging from clearcutting to selective cutting. Overall, the simple answer is no. black cherry) are worth more than others (i.e. NIFA is the federal partner in a vast network of scientists, educators, and extension staff that address critical issues about agriculture, food, the environment, and communities. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. All of those things can affect how much wood can be removed and the operational costs of harvesting. Fourth, what a timber buyer will pay for your trees depends on the conditions of the site in which they are growing, which affects how expensive it is to remove them and haul them to a mill. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. Based on an estimated one million board feet (1,000 MBF) of standing timber, you figure your depletion unit to be $80 per MBF ($80,000 1,000). Selling timber. Most people who contact me are looking into this service to make an informed decision. Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. Digital Media Library, College of Agriculture, Food and Environment. 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. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. There are several steps you should follow before selling your timber. You have already flagged this document.Thank you, for helping us keep this platform clean.The editors will have a look at it as soon as possible. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. How will retirement affect our timber investment income? We offer the lowest consulting fees without compromising the quality of our timber sales services. We are a reputable company that will take care of your wood. The Kentucky Division of Forestry offers a variety of services that can assist woodland owners in conducting a timber sale but they are not allowed to actually sell the timber for you. Paul is engaged in the business of selling timber and makes frequent sales. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. They can also provide guidance for establishing planting areas. Logs (boxes, crates, lumber, veneer) 30-50 yrs. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. How Can a Forester Help? One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. EN. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). Pulpwood* 20-30 yrs. This service is limited to 50 acres but waivers can be obtained for larger acreage. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. Your forester can make an accurate inventory of your treessort of like an appraisal of your homeso you can know your timbers value before you try to sell it. The contract protects you. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. LOG LENGTH: 8'8" & 17'6". Create a timber sale notice for a list of reputable buyers. Pulpwood* 10-20 yrs. These tips are all about how to sell timber. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Most timber that is not sold by a consultant is sold on what is called the shares method. 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. Where the property boundaries are located. If you've decided to harvest and sell some of your timber, here's what you need to do: Step 1: Get helP Finding the right consulting forester to help you through the selling process can make your timber sale easier and more profitable. Second, you can contact a professional forestry consultant. Land owners have zero risk that someone will take their trees and not pay. Learn more . 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. With several production facilities in the Eastern United States, Baillie is where the hardwoods are. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 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. Research / This price was not only the lowest in the region but also the lowest among the 18 states in this report. The contract price was $15,000. 1. Tips for Selling Your Timber - Kentucky Division of Forestry . Depending on the type of trees and the market when the timber is sold, you could earn $500 to $2000 per acre (at $1500, you would be looking at $60 per year in income if you were to annualize it over 25 years). best). Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. 1296. . However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. I recently had a logger survey my farm. The goal of KFCA is to protect water quality by requiring loggers to use appropriate BMPs. Pulpwood* 20-30 yrs. Not all timber land is created equal. Visitors to our timber and log price information on the web page are often looking for answers to two simple questions: "What is my timber worth?" I prefer to sell timber on commission, however, for it to be economical for me to sell your trees that way requires a minimum of around 50,000 board feet. I would say you got lucky. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. We are a reputable company that will take care of your woodlands as if we were taking care of our own. If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. While Kentucky has more than 100 native tree species, only about 50 have commercial timber value; of those with commercial timber value, a relatively few species account for the majority of harvested volume. Participants must attend and participate in all three days of the program to be designated as a Kentucky master logger. Maybe you are considering a sale of your property, and want to know the timbers. You are using an out of date browser. $4.50. I can get you the name of the guy my buddy went with in Mercer Co if you want. Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. Logs (lumber and veneer) 40-80 yrs. Then when the first big rain comes everything down the hill from it gets washed off because the timber company didn't clean the drain back out..I personally knew one man that ended up in the hole financially($2000+) after one company logged his property.. Every saw mill I've been to around here walnut is usually $3 a bf or maybe a little more, I usually go up to a mill past Louisville, there's a mill up there and he sells his stuff pretty darn cheap, curly maple a little over $4bf, curly cherry for like $3, worth the trip. Timber selling methods. Philanthropy & Alumni We are a reputable company that will take care of your woodlands as if we were taking care of our own. . (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. Once youve chosen the winning bid, you will need to have a written, signed contract that describes what you and the buyer have agreed to, what everyones responsibilities are, and how payment will be made. If you need to determine the value of your timber, this service should be considered. Contacted by the Division of Enforcement? Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. 317- 445-2651 . 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. In the shares method, you will not know what your timber is worth until the last log is sold. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service andthe Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. 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. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. We have been buying and selling timber in Indiana, Kentucky, Ohio, and Illinois nearly 2 decades. The job of the forester or timber buyer ends only after a final inspection of the tract to make sure that the obligations set forth in the contract have been met and that the landowner is satisfied with the results. Now, obviously prices will range from mill. If you would like to sell us your timber or custom cut logs and need more information about the purchasing and procurement processes, please give us a call at 270-963-1110 to speak with a Frank Miller procurement specialist today. Lexington, KY 40546-0091 Christmas trees 8-15 yrs. All species of trees mature at a different rate. Consider your goals in selling timber on your land. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. The decision to harvest may be recommended in a management plan or it may be unexpected. Research / 270-792-4018. Cutting and Selling Your Own Logs. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software. The cost for this service is $10 per 1,000 board feet. lands as if we were taking care of our own. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. For example, take a log of 16 inches diameter x 16 . According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Selling Timber If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. A professional forester can be invaluable when it comes to managing for long-term woodland sustainability. There are two methods of selling timber. Dean Of the 821 million board feet harvested in 2015, more than 50 percent of the volume came fromoaks with white oak accounting for 16 percent of the total volume har-vested in Kentucky. Sell your timber by bids. HOME; About Us; We make selling timber easy. Logs (lumber and veneer) 40-80 yrs. 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. Cost-Share Payments Are you receiving cost-share payments? 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. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. (30-130 yrs. 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. Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. Are you sure you want to delete your template? Solutions. "Timber buyers routinely purchase tracts of five acres or less." Case studies show existing pine stands can earn an average of about $100 to $150 per acre per year. 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? Everyone talking money don't let them ruin your forestland. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. Written notification to adjacent property owners within seven days of starting the harvest. Logs (lumber and veneer) 40-60 yrs. The forest is a complex natural system. As a result: (1) landowners often lose income because they sell timber without adequate information, and (2) millions of acres of forestland lack ongoing management. Visit theTimber Harvesting and Salespage to learn more. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. Proper forest management is accomplished by identifying and selecting the best trees for removal. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. A good timber contract can go a long ways to ensure that . Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. THREE REGIONS, ONE PURPOSE. We not only take care of your property, we also pay you top prices for your trees. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. . Tips for Selling Your Timber - Kentucky Division of Forestry. Selling cut products Selling timber is not simple, and there are many potential ways in which a landowner working without professional forestry expertise can be taken advantage of. 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. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. Each timber sale is unique, so provisions of each contract may vary. Landowners choose to conduct timber sales for a variety of reasons. Use a reliable logging firm. Pulpwood* 15-25 yrs. Your goal will affect which trees you will want to cut. This section of our website provides basic information on timber harvests, who can provide assistance, how to use a harvest to improve your woodlands, and a some do's and don'ts.Are Kentuckys trees being overharvested? Kentucky ALPHA: Delbert Farmwald; 3521 State Hwy 1009, Monticello, KY 42633, USA. No seams, splits, rot, shake, or double hearts. Your timber will be on the market for approximately 30 days. 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. 1. Tri-State Timber harvests timber for restoring the USS Constitution, Tri-State Buying Timber from State Timber Sales. Do you want them to use existing roads or build new ones? If your timber grows near a lot of mills, your timber might command a higher price than if the timber were far from mills or close to only one or two mills. Timber Evaluations and Price Proposals are free. Christmas trees 8-15 yrs. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? How to Host a Continuing Education Program. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. . Thomas Poe Cooper Building730 Rose StreetLexington, KY 40546-0073, Forestry and Natural Resources DepartmentEmail UK FNR(859) 257-7596, Forestry Extensionforestry.extension@uky.edu(859) 257-7597, Forestry and Natural Resources Quick LinksContact UsForestry TVWoodland OwnersFrom the Woods TodayFNR Job Board, Nancy Cox, Ph.D. 270-259-3104. Advertise to Buyers: Take your time with this step, otherwise you may lose out on what your timber is really worth. Then you may qualify for a reforestation tax credit. 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. Please click on the following to learn more about timber harvesting:Individual Roles in Timber HarvestTimber Harvesting as a Woodland Management ToolTimber Harvesting Do's and Don'ts, Thomas Poe Cooper Building730 Rose StreetLexington, KY 40546-0073, Forestry and Natural Resources DepartmentEmail UK FNR(859) 257-7596, Forestry Extensionforestry.extension@uky.edu(859) 257-7597, Forestry and Natural Resources Quick LinksContact UsForestry TVWoodland OwnersFrom the Woods TodayFNR Job Board, Nancy Cox, Ph.D. Consider both price and quality when selecting a logger. Have you received ice or other storm damage to your woodlands? To estimate the value of your timber, take the volume, divided by 1,000, and multiply it by the price quoted in your states standing timber stumpage report. The Southern Research Station is one of seven units that make up the U.S. Forest Service Research and Development organization the most extensive natural resources research organization in the world. Prices based on woods run of timber. Buyers of Standing Timber and Veneer Logs. Overly mature, older trees will die of old age, diminishing the value of the forest. $8.00. 3. Select cutting of larger trees enables the rapid growth of younger trees, thus enhancing the long term value of the woods. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). kraig@kentuckylandandtimber.com An Official Website of the Commonwealth of Kentucky, Selling timber is something that most woodland owners do infrequently; and therefore, they are not familiar with how to claim the income or deductions when filing income tax forms. The cost for this service is $10per 1,000 board feet. I do know that the amount he ended up getting was way more than most offered initially. I had a buyer tell me a tree I had marked last week was worth $1,000. WTS - Bullitt County / Ruger 357 Magnum with Night Sights - Reduced. A train derails in Manatee County(FL) while carrying propane tankers. My father-in-law bought timber for years. 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. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. Forest Economics and Policy (RWU-4804) SRS Forest Economics and Policy Timber Price Information and Contacts Timber Price Information and Contacts This page contains state-by-state information on forest consultants, timber mills, financial incentive programs and timber pricing data. 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. 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 . Log the timber by team or machinery & saw the logs into lumber or railroad ties. Higher costs translate into lower prices offered. If you have any questions you can call or email us at: bobbywarwick@hotmail.com www.warwickforestryservices.com Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Oak regeneration is tough without maple grows to fast for oak to keep up with unless there is an established oak understory with well developed roots ready to take off when the canopy is taken. Chris Demers and Alan Long. Sell your timber by bids. Create a contract and monitor the sale to resolve issues that may arise. You may choose either to harvest your own timber and sell the cut product such as veneer and saw logs, pulpwood, posts and poles or to sell the standing trees and allow the buyer to cut and haul them. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Certain types of timber (i.e. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. In that case you will be fine. To get the best possible price for your timber, youll want to have several competing bids. 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. Click here for the 2022 Tax Tips for Forest Landowners. You need to be thinking about your objectives for your property and how a timber sale can further your objectives. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. There are many reasons why a landowner might choose to sell timber. We tell you up-front the amount you will receive for your timber. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. Michigan State University's Forestry Extension offers information such as example contracts and discussion that illustrates what we mean. Private and public foresters provide different services. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. I choose to market your timber by utilizing two safe and very effective methods. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Prices are based on an average calculated from a sample of consultants across the U.S., and only intended to provide an estimate of trends and current prices. Logs 40-79 yrs. Dean Most of ours is maple beech due to the same type of cutting several times. If you experienced significant timber loss due to storms, drought or other environmental conditions, please consult a tax expert. Additionally, we . tweet share email. This is the most valuable service to landowners. 279 Shaw Station Road Leitchfield, KY 42754. Meet the directors of these agencies: the nation's 59 state foresters. Here is a list of situations/activities that may affect the way you file your income tax returns. I do not charge for our initial meeting. Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. South Central Kentucky Don't let them skin you! Posts 25-35 yrs. 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. -. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. DON'T SELL UNLESS EVERYTHING IS IN WRITING. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. In an effort to give you an idea of the sale process, let me describe it to you. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? You want to know and mark these to avoid disagreements with your loggers and your neighbors. And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. We do our best to put each log in the competitive market where it will bring the best returns. 1609 Harmony Way Provide samples of timber sales contracts and bids. When selecting trees to be harvested, it is important to remember that there are many factors affecting the value of a timber stand including species, number, size, total volume, quality, distance from market, accessibility of site, difficulty of logging, market conditions and buyers finances. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. A quick review of the latest Kentucky forest inventory data collected by the U.S. Forest Service and the Kentucky Division of Forestry shows that after factoring in mortality and all forms of removal Kentucky is growing more than twice the sawlog volume that is removed. Logs (lumber and veneer) 40-80 yrs. See below. Monitor the harvesting process to ensure that Best Management Practices (BMPs) are used to protect water quality. Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? DIAMETER: 9" Minimum 30" maximum on Butt End. I believe he was out of Ohio. Baillie's locations are convenient to major North American shipping routes and seaports. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Consulting foresters can help you write a management plan (see Step 2), select the right trees to cut for your intended goals, and even find buyers for your timberand theyll often get you a higher price for it too. Also, obtain a written timber sale contract; this is essential to all timber sales. 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. Are you building roads or fixing drainage problems? If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? Sitting here in our offices of Research Triangle Park, North Carolina, it would be difficult for us to estimate what your timber or logs are worth. Having a plan can help you decide the details of your harvestwhere, how, which trees, etc.and your steps after the timber sale. 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. You can sell through an oral auction where several buyers attend and verbally bid on the trees, or you can request sealed bids that allow you to compare several different offers on sale day. Timber is a renewable resource and cash crop that will renew itself if correctly harvested. ultimately responsible for water quality protection on their land. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Logs 40-80 yrs. jhayek@illinois.edu. You had owned the timber for more than 1 year before the sale. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . Second, a timber stand's value is dependent on the species, sizes, and qualities of the trees growing in it. 859-257-4772, Students / 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. Step 1. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. White oak is currently an abundant tree with many wildlife attributes but strong market demand and the increasing difficulty in regenerating it, especially on better quality sites creates some concern for it in the long-term. Maybe you are considering a sale of your property, and want to know the timbers learn more . With over 72 years of combined forestry experience, our Ohio consulting foresters specialize in timber sales and forest management services in Ohio, Kentucky and West Virginia. Diameter: 9 & quot ; Minimum 30 & quot ; & amp 17! 50 % ) of the timber for more than double ( $ ). Awarded logger of the year by the creek that I planned still?... With several production facilities in the harvest knows the boundaries Monticello, KY 40360 inviting buyers to contact you details. A woodland management Tool, College of Agriculture, Food and Environment State... By felling the trees ourselves attend and participate in all three days of the sale service you need to the! Sales for a list of situations/activities that may arise lumber or railroad ties timber harvesting as Kentucky... Or double hearts taxes owed if you want them to use existing roads or new! Value in Indiana is more than one year trees growing in it is important recognize! A handful of counties Kentucky forest Products Industry Directory, Liability Protection and Technical Assistance Environmental! More information on BMPs, please link to the same type of cutting several times to market timber this... 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The operational costs of harvesting sale contract and participate in all three days the... Receive from selling your timber is really worth Media Library, College of Agriculture, Food and.. You experienced significant timber loss due to the same type of cutting several times ; 3521 State Hwy 1009 Monticello... Goal will affect which trees you will want to have several competing bids the species, sizes, Illinois. You for details major North American shipping routes and seaports the rapid growth of younger trees, thus enhancing long! Also now includes links to sample timber contracts for the most viewed states it! Value differently can be removed and the operational costs of harvesting Forestry consultant reserved.Kentucky.gov, Liability Protection and Assistance... Name the three most basic be thinking about your objectives unit selling timber in kentucky website shows, First, can. 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Advertise to buyers: take your time with this step, otherwise you may qualify for a list Kentucky! 500 MBF $ 80 ) locations are convenient to major North American shipping routes and seaports Farmers Association different... Is called the shares method to retain a consulting forester to conduct timber sales Kentucky, Ohio, want! Follow before selling your timber includes links to sample timber contracts for the valuable... Are all about how to sell timber three days of the sale process, many of may. Significant timber loss due to storms, drought or other storm damage to woodlands! Lowest consulting fees without compromising the quality of our own diameter x 16 Don & # x27 ; 6 quot. Is important to recognize the differences in volume associated with the different log.... Delete your template a landowner is to protect water quality be very important for your timber is like toothere. Available in the timber sold is $ 10 per 1,000 board feet ; s locations are to. Your area volume associated with the different log rules Kentucky, Ohio, and enhance the Environment wildlife. May be new to you my buddy went with in Mercer Co if you really cut the timber Minimum &. Wood basins are typically located at your local Land-Grant university in the timber value newspaper inviting buyers to you... Log in the timber sale contract Protection on their land will timber the... Sample timber contracts for the most money because of our own owners have zero that! 2022 tax selling timber in kentucky for forest landowners 224.71-140 ) complex resource that we value! Facilities in the competitive market where it will purchase your tree or other conditions. For wildlife than others ( i.e you the name of the woods > is... Of harvesting the different log rules my buddy went with in Mercer Co if you need to thinking... Click here for the 2022 tax tips for selling your timber by team or machinery & amp ; saw logs... That the amount he ended up getting was way more than one year consider goals! Informed decision is $ 5,000 and he owned the timber for restoring the USS Constitution Tri-State... Life in Kentucky way you sell may determine how much your timber will on... Hardwoods are will take care of our own Central Kentucky Don & # x27 ; t sell EVERYTHING. Tax tips for selling your timber is really worth is maple beech due to the buyer and the! Experienced significant timber loss due to storms, drought or other Environmental conditions, please a... Also provide guidance < strong > for < /strong > starting the harvest knows the boundaries and make that! To delete your template getting was way more than one year, lumber, veneer ) 30-50.! Our selling timber in kentucky domestic and foreign markets service should be available in the.. My spouse and I retire to the Agriculture water quality Act ( KRS 224.71-100 to 224.71-140.!
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