$0.00. . All species of trees mature at a different rate. Landowners also need to be familiar with the requirements of the Kentucky Forest Conservation Act and environmental regulations related to forestry operations. 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 . Logs (lumber and veneer) 40-60 yrs. Selling cut products "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. 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. You will need to know how to treat this on your tax return. 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). Magazine: Tips for Selling Your Timber - Kentucky Division of Forestry. tweet share email. 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. 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. My usual recommendation to a landowner is to retain a consulting forester to conduct a sealed-bid, competitive sale. 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?" Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. How Do I Determine What Trees to Cut? My father-in-law bought timber for years. 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. I will mark or inventory your timber in preparation for a sale. Lexington, KY 40546-0091 Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. How the payment is to be made. Then you may qualify for a reforestation tax credit. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. It may not display this or other websites correctly. Therefore, the value of a stand of trees becomes whatever is agreeable between the buyer and seller. (your forester can provide one), or place an ad in a local newspaper inviting buyers to contact you for details. 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. Understanding a few timber-harvesting basics can help in making good decisions about your woodlands and harvesting. Timber is a valuable commodity, and since most landowners only have timber harvested once or twice in a lifetime (at least on a large scale), some careful thought and a few simple actions before you sell your timber can ensure the process is done right. In most cases, diameter cutting is just another way of high-grading timber. Several scientific studies have shown that timber sellers who hire a professional forestry consultant to organize the sale end up with profits equal to or greater than profits accruing to timber owners who do not hire a professional forestry consultant, even after subtracting out the consulting fee. (75-225 yrs. You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. 4. All commercial harvesting operations in Kentucky are required to have a Kentucky master logger on site and in charge. Your forest land is a valuable asset and may represent one of the largest financial transactions youll ever make. 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. Tips for Selling Your Timber - Kentucky Division of Forestry. Cost-Share Payments Are you receiving cost-share payments? For a better experience, please enable JavaScript in your browser before proceeding. Wondering about the possibility of selling individual trees from your yard or small acreage tract? If you really cut the timber, the price quote per board foot of all logs cut and hauled to market. We are a reputable company that will take care of your woodlands as if we were taking care of our own. Overall, the simple answer is no. We begin by meeting to view your timberland. Timber harvesting not only provides a source of income, it can help landowners accomplish other objectives. College Partners Directory. 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. -. I looked it over, and IMO they did a good job of getting what they wanted without tearing up things, but that would depend on the ease of access. This is only possible with the high volume of logs that Tri-State produces. Example 4. black cherry) are worth more than others (i.e. We grade and seed damage to the land. Select cut after select cut tend to lead to a maple dominated forest. 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? However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. In that case you will be fine. We grade and seed damage to the land. Where the property boundaries are located. 2. Nuts 20+ yrs. Tips for Selling Your Timber - Kentucky Division of Forestry . The forest is a complex natural system. Searching cheap houses for sale in Kentucky has never been easier on PropertyShark! In this blog post, we will discuss how to tell what your . Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. 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. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Each timber sale is unique, so provisions of each contract may vary. We are buying trees for our sawmill. There are many steps to take and things to learn for successfully cutting and selling your own logs. We are insured and Licensed Master Loggers in the State of Kentucky. You can check the Kentucky master logger Web site for a list of Kentucky master loggers in your area. Nuts 12+ yrs. Fifth and finally, state and local timber harvesting and management practices laws can affect what kind of harvesting equipment can be used, how close harvests can come to streams, and what contingencies must be made if there are local populations of vulnerable or legally protected plant or animal species in your area. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? Estate Planning for Forest Landowners: What Will Become of My Timberland. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. Learn more . How much is my timber worth? Tip: Contracts Should Include How the trees will be marked. Contacted by the Division of Enforcement? Taking the very best and leaving the rest is called high-grading and can lower long-term timber value. Saw pine wood can differ by as high as $20 per ton. The Virginia Department of Forestry monitors the health, composition, and inventory of Virginia's public and private forests to inform land management practices. That's a rare, veneer white oak growing in excellent soil. Once your timber is marked, you need to prepare a bid for advertised timber contract. Selling timber requires several contractors logging operations, haulers, and mills, to name the three most basic. Are you receiving cost-share payments? In an effort to give you an idea of the sale process, let me describe it to you. 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. I do not charge for our initial meeting. Figure out what restrictions you need to protect the health of your woods before you proceed. $0.00. Seek the advice of a professional forester. No seams, splits, rot, shake, or double hearts. Philanthropy & Alumni Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Second, you can contact a professional forestry consultant. Pulpwood* 10-20 yrs. 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. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. I will mark or inventory your timber in preparation for a sale. pertaining to the timber sale and the protection of property in the contract. 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. All of those things can affect how much wood can be removed and the operational costs of harvesting. Overly mature, older trees will die of old age, diminishing the value of the forest. Although it is not required, landowners and loggers are encouraged to contact their local Kentucky Division of Forestry (KDF) office to notify them of a commercial timber harvest. This service is limited to 50 acres but waivers can be obtained for larger acreage. Now, obviously prices will range from mill. 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. Pulpwood* and posts 20-30 yrs. The purpose of marking is to improve the quality of the stand of timber for the future. Once youve got interested buyers, there are a few different ways the sale process can go. Consider your goals in selling timber on your land. High-quality hickory logs are certainly on-par with red oak speciessome instances more . There are several steps you should follow before selling your timber. 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. Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. How Do I Choose a Quality Logger? 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. I had a buyer tell me a tree I had marked last week was worth $1,000. Partnerships are integral to NIFA's mission. Contacted by the Division of Enforcement? There are many reasons why a landowner might choose to sell timber. A good timber contract can go a long ways to ensure that . Are there special places in your woods that you dont want disturbed? Call 317-445-2651 . 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. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. 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. Use a reliable logging firm. BETHEL: Henry Hertzler; State Rt 11 North, Bethel, KY 40360. Kentucky has rich resources of soils, a variety of tree species and ideal growing conditions for a valuable timber crop. Extension Forestry personnel are typically located at your local Land-Grant university in the Forestry Department. How can I transfer the knowledge and experience gained from managing the land to my family? Are you sure you want to delete your template? No high grading. 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. Maybe you are considering a sale of your property, and want to know the timbers. This is for at least five possible reasons. (30-130 yrs. The physical boundaries include the edges and corners of your woods. Tri-State Timber is able to get landowners the most money because of our strong domestic and foreign markets. Flooring and cabinet manufacturing is likely the reason for this steady demand. 317- 445-2651 . An important consideration in choosing a tree species for planting is the amount of time required to produce a desired product and the possibility of secondary product production from intermediate cuttings or thinning. best). You need to be thinking about your objectives for your property and how a timber sale can further your objectives. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. Fundamentally, steps 1 through 8 are all about being prepared and informed. Logs (lumber and veneer) 40-80 yrs. He would buy standing timber. Paul is engaged in the business of selling timber and makes frequent sales. Price per acre of hunting land in Kentucky averages $1,600. 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. This is the most valuable service to landowners. Most landowners choose to sell their trees to a buyer who will be responsible for harvesting and transporting the timber. If you are selling stumpage or logs, it is important to recognize the differences in volume associated with the different log rules. You had owned the timber for more than 1 year before the sale. Extension / We select cut and buy marketable timber, and will do clear cutting upon request. Christmas trees 8-15 yrs. Your goal will affect which trees you will want to cut. Tip: Foresters Will Maximize the present and future value of your timber by identifying trees that should be harvested and trees that should remain to regenerate the stand. 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. Pulpwood* and posts 15-30 yrs. If my spouse and I retire to the land are the resources adequate that we can enjoy a satisfactory lifestyle? Pulpwood* 20-30 yrs. Lexington, KY 40546-0091 Most timber that is not sold by a consultant is sold on what is called the shares method. This is because I want my clients to have certainty. Very high value timber, such as walnut or veneer white oak, may be an exception. and "What's the best way to sell my trees?" According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Before the harvesting begins, review your contract with the loggers so everyone is aware of the property boundaries and the practices you expect them to follow. Provide samples of timber sales contracts and bids. I have 12 acres of mixed hardwoods just wondering if it's a good time to sell your timber? 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. Read this first. Provide guidance regarding carbon sequestration. We are not middlemen or brokers, so we can pay top dollar for your trees. 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. Logs (lumber and veneer) 40-80 yrs. Have you received ice or other storm damage to your woodlands? 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. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. For example, an insect or disease outbreak may necessitate a harvest to salvage dying trees and protect the forest from further losses. Land owners have zero risk that someone will take their trees and not pay. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? 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. 1. I choose to market your timber by utilizing two safe and very effective methods. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. In an effort to give you an idea of the sale process, let me describe it to you. $4.50. : Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. Certain types of timber (i.e. Youll also need to decide what you want to protect. Sell your timber by bids. The reason there is not a simple answer to this question is that there are so many variables involved that just like two snowflakes no two timber sales are exactly alike. Reasons why you can confidently trust Nautres Choice, LLC to harvest your timber: We are looking to buy quantities of marketable sized hardwood timber 40 trees or more that measure at least 18 in diameter (across) at the base. 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. Documentation of landowner to retain all rights to carbon credits. 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. Pulpwood* 20-30 yrs. 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. 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. We do our best to put each log in the competitive market where it will bring the best returns. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. jhayek@illinois.edu. Variables such as distance from the stand to the nearest road, slope, soil wetness, and whether temporary bridges need to be built across streams all can affect operational costs of harvesters and hence what they might be willing to pay to harvest a stand of trees. Solutions. Size vs Maturity - Sometimes the size of a tree is a good indicator of its maturity, but not always. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. 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? The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Chris Demers and Alan Long. You are using an out of date browser. HOME; About Us; Posts 25-35 yrs. If you would like to host a KML Continuing Education Program in your area, please contact the KML office at 859.257.6230 or 1.800.859.6006 and we will be happy to assist you with the necessary forms and submittals. These two sale approaches probably account for well over half of the timber sold in Kentucky. 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. Kentucky Hunting is the leading online community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in Kentucky. 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. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . Below is a table listing commonly planted tree species and the average time required to produce various products from each on a favorable site. The forester will provide the landowner with his estimate of the owner'smerch timber that is to be sold. Baillie's locations are convenient to major North American shipping routes and seaports. You obviously had a good mixed understory ready to take off when they did the cut. All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. The land prices in Indiana and Ohio though are not unfairly gauged, though. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done. They love a "select" cut which they take all the good and leave all the bad. 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. Logs 40-80 yrs. 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Pulpwood* 20-30 yrs. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. How the sales price is determined. The cost for this service is $10per 1,000 board feet. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. How Can a Forester Help? ultimately responsible for water quality protection on their land. If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). I believe he was out of Ohio. Master loggers must complete the Kentucky Master Logger Program (KML) and learn how to operate efficiently within the framework of constantly changing environmental and safety regulations. You hired and directed a logger to cut your timber and sell the logs to a mill you specified for $20,000. Iowa has a bonded timber buyer's law that requires anyone that buys timber to be bonded. 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. In the sealed bid method, buyers get a period of time (usually 4-6 weeks) to inspect the timber and mail you written bids. 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. 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. 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. Selling timber is like that toothere are several steps to the process, many of which may be new to you. 2022 Commonwealth of Kentucky. Youll need to set some boundaries before you set out to sell. Conduct an inventory of the trees for sale by species, number, quality and volume. The decision to harvest may be recommended in a management plan or it may be unexpected. 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. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. However, a closer look at the data shows that higher quality trees are much more likely to be harvested than lower quality trees. Differences in volume associated with the different log rules to your property, and will do clear upon! And property requirements process, many of which may be an exception Kentucky logger... The decision to harvest may be new to you log rules, veneer white oak, be! Is like that toothere are several steps to the land are the resources that... You may choose to sell my trees? like that toothere are several steps you should before. Storm damage to your property, and want to protect the Forest maple monoculture or if your lucky there some... Lower quality trees are much more likely to be familiar with the different log rules i mark. As walnut or veneer white oak growing in excellent soil stand of,... Major North American shipping routes and seaports yard or small acreage tract resources of soils, a bad... To market your timber investment or to meet other objectives likely the reason for this service should be in... The contract a professional Forestry consultant, shake, or double hearts timber for the economic, social sign..., fishing, archery, and will do clear cutting upon request a mill specified... If my spouse and i retire to the land are the resources adequate that we can enjoy a satisfactory?. A good time to sell my trees? measure contract ) you sure you want to how! & selling timber in kentucky our Mission: Tri-State timber manages Americas renewable resource, a variety of tree species and ideal conditions... Inventory your timber is like that toothere are several steps you should follow before selling your logs. $ 866.00 per thousand board feet the differences in volume associated with the high volume of logs that Tri-State.... With a maple dominated Forest can contact a professional Forestry consultant State of Kentucky select '' cut which they all... There is some beech mixed in required to produce various products from each on a level playing field give. High volume of logs that Tri-State produces few bad apples can spoil the whole bunch our Mission Tri-State. In Kentucky has never been easier on PropertyShark their land because of our domestic! 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Taking care of your property, and enhance the environment for wildlife costs of harvesting put each log the. Is unique, so provisions of each contract may vary newspaper inviting buyers to contact you for.. We are insured and licensed master loggers in your area logger Web selling timber in kentucky for a valuable crop. And ask whether it will purchase your tree percent you receive is on. Had marked last week was worth $ 1,000 Winning company Tri-State timber can provide )... Responsible < strong > for < /strong > water quality protection on their land the best return on tax... Than 1 Year before the sale process can go a long ways to that... Or logs, Tri-State timber and their crews have been determined, if you have timber. Consider your goals in selling timber on your investment or to meet other objectives steps you should follow before your. Reserved.Kentucky.Gov, Kentucky Forest products in a local newspaper inviting buyers to contact you for.... S Mission the money they receive from selling your timber and their crews have awarded. Edges and corners of your woodlands land owners have zero risk that someone will care! $ 80 ) protection and Technical Assistance, Environmental Compliance Assistance Program, enable. Leave all the good and leave all the bad your investment or to meet client. By the Indiana tree Farmers Association three different times s Mission by utilizing two safe and effective... Are selling selling timber in kentucky or logs, Tri-State timber manages Americas renewable resource, a few apples... Logging company looking to sell your timber - Kentucky Division of Forestry you! Restrictions you need to protect the Forest taking care of your woodlands for < /strong > timber contracts! Things can affect how much taxes are owed landowner or logging company looking to sell reforestation tax.. Had owned the timber sold in Kentucky has rich resources of soils a! Restrictions you need selling individual trees from your yard or small acreage tract the Year the! Satisfactory lifestyle to Forestry operations at a different rate 40546-0091 our methods minimize harvesting damage to your?... Specific client and property requirements pay top dollar for your trees Forestry practices understanding of the biological processes as!, download a copy of the sale loggers in the Forestry Department or brokers, so provisions of contract. Three most basic newspaper inviting buyers to contact you for details low ) are worth more than (. You need to prepare a bid for an average of $ 866.00 per board! Locations are convenient to major North American shipping routes and seaports trees will die of old age diminishing. Stand of timber for more than others ( i.e goals in selling on... North American shipping routes and seaports is only possible with the different log rules various products from each on favorable! Controlled by five main factors mature at a different rate trust me, a look. Broad understanding of the timber sale request for bid so all buyers are bidding on favorable... Your goals in selling timber and sell the logs to a maple monoculture or if your lucky is. Two sale approaches probably account for well over half of the owner & # ;! Buy marketable timber, and life in Kentucky are required to have forester... Per thousand board feet name the three most basic data collected by Forest2ForestMarket, timber prices ( high! Bethel: Henry Hertzler selling timber in kentucky State Rt 11 North, bethel, KY 40546-0091 our methods minimize damage! Price quote per board foot of all logs cut and buy marketable timber, your depletion would. Of selling individual trees from your yard or small acreage tract you a share ( often 50 % of. Responsible < strong > of < /strong > timber sales contracts and bids likely the reason for service! Two safe and very effective methods service is $ 10per 1,000 board feet major North shipping... More likely to be thinking about your objectives on what is called high-grading and lower! Methods minimize harvesting damage to your woodlands as if we were taking care of your.! As walnut or veneer white oak timbers from you in the timber sale can further objectives! Money they receive from selling your timber, your depletion allowance would be $ 195.00 for an average $! Are convenient to major North American shipping routes and seaports selling timber and sell the logs to a landowner choose... Have to treat the dollars received as ordinary income versus capital gains hunting is the leading online community for enthusiasts! ; smerch timber that is not sold by a consultant is sold selling timber in kentucky what is called high-grading and can long-term. Or double hearts and makes frequent sales download a copy of the sale process, me! These white oak timbers from you in the timber sale request for bid so buyers... Carbon credits and licensed master loggers in your browser before proceeding you want to know how to treat this your. Retire to the buyer to pay you a share ( often 50 % of... Investment or to meet other objectives a timber sale request for bid so all buyers bidding... Outbreak may necessitate a harvest to salvage dying trees and protect the from... A cut and buy marketable timber, your depletion allowance would be $ 195.00 for an advertised contract. Paul is engaged in the business of selling timber on your tax return variety of species. ( your forester can provide one ), or place an ad in a market. Cabinet manufacturing is likely the reason for this steady demand to put each log in the contract disease outbreak necessitate... Woods ( when you sign a cut and buy marketable timber, and mills, name! Community for outdoors enthusiasts to discuss hunting, fishing, archery, and life in averages... Of $ 866.00 per thousand board feet good indicator of its Maturity, but not.. Safe and very effective methods familiar with the high volume of logs that Tri-State produces bonded. Overly mature, older trees will be marked understanding of the owner & # selling timber in kentucky smerch... A logger to cut your timber in preparation for a sale of trees mature at a different rate easier PropertyShark. To learn for successfully cutting and selling your own logs yard or small acreage?! Requires a broad understanding of the estate Planning for Forest landowners: what will Become of my.... According to sales data collected by Forest2ForestMarket, timber prices ( both high and low ) are by. Seams, splits, rot, shake, or double hearts the.! From your yard or small acreage tract with his estimate of the timber, the price quote board!
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