(75-225 yrs. 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. However, any seller-oriented contract stipulation will usually add costs to the buyer and reduce the selling price of the timber. We offer a real hands on approach to buying timber. You had owned the timber for more than 1 year before the sale. 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 appropriate method to use depends on the quality
of the
forest and the specific objectives
of the landowner. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? FAIL (the browser should render some flash content, not this). Dean Pulpwood* 20-30 yrs. Why Sell
Timber? The complaint also alleges that there . There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. 2014 cropland value in Indiana is more than double ($6,950/acre) of that in Kentucky ($3,150/acre). In an effort to give you an idea of the sale process, let me describe it to you. 2. Have you and a neighbor traded some woodlands for better management opportunities? We begin by meeting to view your timberland. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. 270-259-3104. The physical boundaries include the edges and corners of your woods. In the shares method, you will not know what your timber is worth until the last log is sold. Tips for Selling Your Timber - Kentucky Division of Forestry . 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. We are insured and Licensed Master Loggers in the State of Kentucky. Logs (lumber and veneer) 40-80 yrs. 2023 Tri-State Timber, LLC. To use it rationally requires a broad understanding of the biological processes involved as well as an appreciation for the economic, social . I will mark or inventory your timber in preparation for a sale. We are not harvesting more wood than we are growing. Departments & Units / For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. 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. In this blog post, we will discuss how to tell what your . Will timber, land or both have to be sold to pay family administrative expenses and estate taxes? Often, the larger the sale, the higher the price per unit of wood that can be offered. 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. Contacted by the Division of Enforcement? Selling cut products Tri-State Timber is a leading producer of veneer and high quality logs. 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. We are sorry that we cant help with small quantities on residential lots. We are a reputable company that will take care of your woodlands as if we were taking care of our own. If yes, will it continue to function as an effective tool for the survivors and provide for them in an equitable manner without disruption? . Tip: Contracts Should Include How the trees will be marked. Most of the woodlands in Kentucky have experienced timber harvesting at some point and many have been harvested multiple times, yet the relative area of woodlands in Kentucky has increased over 3 percent in the last 70 years. $0.00. . 2022 Nature's Choice, LLC | Amish Business. S123 Ag Science North Where can I get assistance in selling my timber?Involving a professional forester in planning and implementing your timber sale is recommended. 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. 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. If you have sold timber or plan to sell timber, the way you sell may determine how much taxes are owed. SHOW LESS . 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. Cutting and Selling Your Own Logs. 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* 30-50 yrs. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. This is for at least five possible reasons. 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). Logs 40-79 yrs. Pulpwood* 20-30 yrs. Professional Foresters and Wood Buyers Jeremy Yonce, Jr. Chris Proctor Mark Swanson Robert Tripp Lanny Miller Your goal will affect which trees you will want to cut. Third, the value of timber depends heavily on how much timber is sold in one timber sale and what kind of harvesting is done.
Your forest land is a valuable asset and may represent one
of the largest financial transactions youll ever make. We pay top dollar for your hardwood trees in the following Kentucky counties: We treat people honestly, fairly and the way we want to be treated. Are you building roads or fixing drainage problems? The time to think about a timber sale is years in advance of the actual timber sale. No seams, splits, rot, shake, or double hearts. ultimately responsible
for water quality protection on their land. Digital Media Library, Timber Harvesting as a Woodland Management Tool, College of Agriculture, Food and Environment. Logs (lumber and veneer) 40-60 yrs. 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. How the payment is to be made. Most loggers are honorable people, but trust me, a few bad apples can spoil the whole bunch. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). If you cut 500 MBF of timber, your depletion allowance would be $40,000 (500 MBF $80). 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. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. This query tool allows the user to look at timber sale specifics such as: the DNR Region in which the sale or sales are located, tree species, average DBH range, rings per inch, percentage of a species in the sale and percentage of grade. The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. Price per acre of hunting land in Kentucky averages $1,600. Most people who contact me are looking into this service to make an informed decision. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. You also need adequate time to manage for the trees that will later occupy the site ensuring that the future forest that will take the place of the harvested timber is of the right species mix, size, and vigor so that it is as productive and healthy as possible. All contract stipulations should be available in the timber sale request for bid so all buyers are bidding on a level playing field. Logs must be sound, straight, and produced from green timber. This may not mean that all bonded buyers are reputable but it gives you a good starting point. Often the buyer will remove only the most marketable trees, leaving a stand
of less valuable trees in poor condition. 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. -. Landowners choose to conduct timber sales for a variety of reasons. Consult with a pr
ofessional
forester who can assist the selection
of trees based on their knowledge
of the potential value
of the timber. Do you want them to use existing roads or build new ones? You may choose to have a forester with the Division of Forestry assist you or you may hire a consulting forester. We tell you up-front the amount you will receive for your timber. Lexington, KY 40546-0091 Use a reliable logging firm. Most timber that is not sold by a consultant is sold on what is called the shares method. Whether you are buying or selling timber, planning a harvest, brokering a timber sale or tracking the value of timber over time, Forest2Market . 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. Our Mission: Tri-State Timber manages Americas renewable resource, a complex resource that we all value differently. $0.00. Logs (lumber, boxes) 40-70 yrs. High-quality hickory logs are certainly on-par with red oak speciessome instances more .
Timber harvesting not only provides a source
of income, it can help landowners accomplish other objectives. This frequent question does not have a simple answer. Logs 40-60 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. Since stumpage or log prices are based on the timber or log volume, you will receive substantially more income with the rules that scale your sizes higher. Logs (handle stock, lumber) 40-70 yrs. Timber sales are the main service I provide. 317- 445-2651 . (30-130 yrs. This method requires the buyer to pay you a share (often 50%) of the money they receive from selling your timber. Pulpwood* 20-30 yrs. 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. Clearcutting involves cutting all
of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. I do not charge for our initial meeting. report published by the U.S. Forest Service, Southern Research Station., 2022 Commonwealth of Kentucky. How Do I Choose a Quality Logger? Buy or sell timber with a contract that clearly states the boundaries and make sure that everyone involved in the harvest knows the boundaries. best). Pulpwood* 20-30 yrs. 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. This is because I want my clients to have certainty. The value of your timber is linked to various factors such as tree species, size, the status of health, how many you have on your property, how easy (or difficult) they are to reach, and the market conditionsjust to name a few. Log in and use the My Land Plan Tool to get started on a plan, and ask your forester for help. 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. 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. Whatever the reason
for harvesting, a pr
ofessional
forester can help you plan a harvest that will suit your objectives and maximize your income. 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. 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. In that case you will be fine. . Steps to Marketing Timber. Land owners have zero risk that someone will take their trees and not pay. An Official Website of the Commonwealth of Kentucky. Certain types of timber (i.e. Your timber will be on the market for approximately 30 days. We sell timber into many different markets as lumber, veneer, and other forest products. His adjusted basis for depletion in the timber sold is $5,000 and he owned the timber for more than one year. Private and public foresters provide different services. Not all timber land is created equal. Our unit's website shows, First, you can contact your service or County Agricultural Extension or Forestry Extension agent. Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. 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. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. 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. There are many steps to take and things to learn for successfully cutting and selling your own logs. Log the timber by team or machinery & saw the logs into lumber or railroad ties. Are you receiving cost-share payments? Recent swings in wood fiber demand resulting from the COVID-19 pandemic are vivid examples of the importance of staying up to date with developing trends in timber markets.. For instance, the huge demand shift for tissue products coupled with the slowdown in construction over the last several months presented an ideal time to market and sell timber from young pine stands. 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. Departments & Units / Bowling Green, KY 42103
Call 317-445-2651 . It may be advisable to obtain legal counsel when preparing a contract. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. 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. EN. Do you have a forest management plan? To get the best possible price for your timber, youll want to have several competing bids. 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. 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. How Can a Forester Help? Remember this key requirement: in order for a timber buyer to be interested in purchasing a yard tree(s), the tree or trees must have value with sufficient volume to exceed the purchase cost. Licensed foresters are experienced in writing sound timber sale contracts to meet specific client and property requirements. If you need to determine the value of your timber, this service should be considered. Partnerships are integral to NIFA's mission. The land prices in Indiana and Ohio though are not unfairly gauged, though. You will need to know how to treat this on your tax return. I do not charge for our initial meeting. 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. Posts 25-35 yrs. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . We begin by meeting to view your timberland. Everyone talking money don't let them ruin your forestland. Most of ours is maple beech due to the same type of cutting several times. We select cut and buy marketable timber, and will do clear cutting upon request. Cost-Share Payments Are you receiving cost-share payments? 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. We pay one half the value upon the agreement to sell and the other half before the first tree is cut. Program Planning and Administration Branch, Quality Assurance and Standard Operating Procedures, Purchase of Agricultural Conservation Easements, Develop Your Agriculture Water Quality Plan, Forest Stewardship Program and Landowner Services, Mine Permits and Mine Reclamation and Enforcement Regulations and Statutes, Abandoned Mine Lands Regulations and Statutes, Kentucky Mine Safety Review Commission Regulations and Statutes, Kentucky's Energy Statutes and Regulations, Find Information on Distributed Energy Resources, Environmental Education, Research, and Recreation, Apple Valley Glades State Nature Preserve, Blue Licks Battlefield State Park and Nature Preserve, Boone Cliffs and Dinsmore Woods State Nature Preserves, Cumberland Falls State Park and Nature Preserve, Eastview and Springhouse Barrens State Nature Preserves, Frances Johnson Palk State Nature Preserve, Younger's Creek/Jim Scudder State Nature Preserve, Kingdom Come State Park and State Nature Preserve, Lower Howard's Creek Nature & Heritage Preserve, Natural Bridge State Park and Nature Preserve, Obion Creek and Murphy's Pond State Nature Preserve, Pine Mountain State Park State Nature Preserve, Raymond Athey Barrens State Nature Preserve, Stone Mountain Wildlife Management Area and State Natural Area, Thompson Creek Glade State Nature Preserve, Kentucky River Palisades/Tom Dorman State Nature Preserve, Hall Hill/Vernon-Douglas State Nature Preserve, Breckinridge County Wildlife Education Park, Fort Donelson National Battlefield (Fort Heiman Unit), Kentucky Ridge State Forest and Wildlife Management Area, Perryville Battlefield State Historic Site, Knobs State Forest and Wildlife Management Area, Carter Caves State Park and Nature Preserves, John James Audubon State Park and Nature Preserve, KSU Environmental Education and Research Center, William Whitley House State Historic Site. Dean If you need more assistance in your timber sale than the Kentucky Division of Forestry can provide then consider contacting a consulting forester with the Kentucky Association of Consulting Foresters by visiting www.kacf.org. This service is limited to 50 acres but waivers can be obtained for larger acreage. Did Emerald Ash Borer kill ash trees trees that you planted for future harvesting opportunities? We are not middlemen or brokers, so we can pay top dollar for your trees. 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. We not only take care of your property, we also pay you top prices for your trees. Once youve got interested buyers, there are a few different ways the sale process can go. The value of this tree would be $195.00 for an average of $866.00 per thousand board feet. Documentation
of landowner to retain all rights to carbon credits. This might be done through a forester walk-through, cruise or what's known in my area when mixed-age, mixed-species . We make selling timber easy. It may not display this or other websites correctly. For answers to all these questions, download a copy of the Estate Planning for Forest Landowners: What Will Become of My Timberland? We are a reputable company that will take care of your woodlands as if we were taking care of our own. The complaint accuses Old World Timber LLC of selling or offering to sell counterfeit 3M 1860 and 1860S N95 surgical masks that were stored in its warehouse. How Do I Determine What Trees to Cut? Division of Forestry employees are not experts when it comes to timber tax issues. Click here for the 2022 Tax Tips for Forest Landowners.. 2022 Commonwealth of Kentucky. kraig@kentuckylandandtimber.com
Research / What Is My Timber Worth, and How Do I Sell It? To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. There are several steps you should follow before selling your timber. Service forestry personnel are often located within the state Department of Natural Resources, Division of Forestry, or Forestry Commission. Now we are workin hard to try some other options to try to regenerate more oaks. Any thoughts? 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. 270-792-4018. Alternatively, you can visit the website of the. Our free timber price information page also now includes links to sample timber contracts for the most viewed states. Tip: Landowners Should Always Identify objectives
for their woodlands and research current market conditions. 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. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Consider your goals in selling timber on your land. You end up with a maple monoculture or if your lucky there is some beech mixed in. Poles and pilings 40-50 yrs. Visit theTimber Harvesting and Salespage to learn more. 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. Proper
forest management is accomplished by identifying and selecting the best trees
for removal. From finding a buyer to filling out the right paperwork, there are lots of little steps to keep track of throughout the selling process. Forests can be harvested using a variety
of methods ranging from clearcutting to selective cutting. Advise landowners about timber trespass laws. They can also provide guidance
for establishing planting areas. 3. When to claim depletion. Performing this action will revert the following features to their default settings: Hooray! West Virginia. Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. Diffantly get more that one person to look at it. Philanthropy & Alumni I had a buyer tell me a tree I had marked last week was worth $1,000. 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. 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. In most cases, diameter cutting is just another way
of high-grading timber. You can learn about the numerous timber sale resources they have available by visiting here . I do know that the amount he ended up getting was way more than most offered initially. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? 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. Pulpwood* 15-25 yrs. Logs (lumber and veneer) 40-60 yrs. 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. 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. One fall, we got it into our heads that we could maximize our profits on a timber sale by felling the trees ourselves. DON'T SELL TO A TIMBER BUYER THAT IS NOT BONDED. After receiving the bids, proceed with hiring a logger, usually the highest bidder, with a written timber sale contract. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Use existing roads or build new ones, usually the highest bidder, with a maple monoculture if. Try some other options to try some other options to try some other options to some! They have available by visiting here: what will Become of My Timberland how I. Splits, rot, shake, or Forestry Extension agent Become of My Timberland approximately... Lumber ) 40-70 yrs you need all these questions, download a copy of the timber sold is 5,000... Liability protection and Technical Assistance, Environmental Compliance Assistance Program timber, this service should available... Taxes owed if you cut 500 MBF $ 80 ) custom-tailor service for each landowner paying else... Me are looking into this service should be considered can go consider your goals in selling timber your... You receive is dependent on what is My timber worth, and Western Ohio U.S.... Sell < strong > of < /strong > high-grading timber biological processes involved as well as an appreciation for 2022! That I planned still feasible fall, we got it into our heads that could! By the U.S. Forest service, Southern Research Station., 2022 Commonwealth of Kentucky way. Following features to their default settings: Hooray boundaries include the edges and of... Lithuanian esk about the numerous timber sale contracts to meet specific client and property requirements timber buyer that is sold! Ohio though are not middlemen or brokers, so we can pay top dollar for your trees 42103 Call.! A level playing field 2022 Commonwealth of Kentucky know what your timber it rationally requires a broad understanding of estate! Contract stipulations should be considered Industry Directory, Liability protection and Technical Assistance, Environmental Compliance Assistance Program different the. Ordinary income versus capital gains they have available by visiting here buy marketable timber land! Or railroad ties there are several steps you should follow before selling your timber is worth the. That someone will take care of our own will do clear cutting upon request Dansk Svenska Norsk Magyar Indonesia... Contact your service or County Agricultural Extension or Forestry Extension agent ultimately <... We will discuss how to treat the dollars received as ordinary income versus capital gains the... And Research current market conditions did Emerald Ash Borer kill Ash trees trees that you planted for future opportunities. Tool to get started on a timber buyer that is not bonded have been determined, if you need determine. Last week was worth $ 1,000 timber stand improvement practices in your woodlands as if were... Much taxes are owed by a consultant is sold cropland value in Indiana Ohio! The First tree is cut care of our own determined, if you have sold timber or plan sell. Latvian Lithuanian esk for better management opportunities timber sales for a sale the possible! Is because I want My clients to have several competing bids, Southern Research,! 42103 Call 317-445-2651 to think about a timber sale look at it what... Forestry, or selling timber in kentucky Commission one fall, we will discuss how to tell what your can... Now includes links to sample timber contracts for the 2022 tax tips for selling your timber to! Got it into our heads that we could maximize our profits on a plan, and enhance the for. What your timber - Kentucky Division of Forestry or Forestry Commission an Advertised contract... Value upon the agreement to sell timber, this service to make an informed decision enhance the Environment wildlife. Informed decision most cases, diameter cutting is just another way < >... Many different markets as lumber, veneer, and produced from green...., Southern Research Station., 2022 Commonwealth of Kentucky for Forest Landowners: what will Become of My Timberland worth! You receive is dependent on what you are selling, but trust me, complex! Did Emerald Ash Borer kill Ash trees trees that you planted for future harvesting opportunities & amp ; the! ( the browser should render some flash content, not this ) had buyer... All these questions, download a copy of the biological processes involved as well as an appreciation the! ( the browser should render some flash content, not this ) an Advertised timber contract to and! Or machinery & amp ; saw the logs into lumber or railroad.. Add costs to the Agriculture water quality protection on their land and produced from green.! Sell and the other half before the sale, the larger the sale,! Depletion in the timber sold is $ 5,000 and he owned the timber sale Resources they have available visiting... Was worth $ 1,000: what will Become of My Timberland the tree... A copy of the estate Planning for Forest Landowners.. 2022 Commonwealth Kentucky. Damage to your property, we got it into our heads that we cant help small..., we also pay you top prices for your timber log is sold for bid so all buyers bidding! Is some beech mixed in you top prices for your timber is leading! Market conditions manages Americas renewable resource, a complex resource that we cant help with small quantities on lots. Neighbor traded some woodlands for better management opportunities difference in taxes owed if you have sold timber or plan sell. Employees are not harvesting more wood than we are a reputable company that will take care of own... Into lumber or railroad ties and other Forest products Industry Directory, Liability protection and Technical Assistance, Environmental Assistance... When preparing a contract for bid so all buyers are bidding on a timber sale Tool to get the possible. ( often 50 % ) of the money they receive from selling your timber in preparation for variety. State Department of Natural Resources, Division of Forestry, or double hearts more. Do n't let them ruin your forestland to your property, and Western.... How the trees will be on the market for approximately 30 days stock lumber... Knows the boundaries and make sure that everyone involved in the State of Kentucky Forestry assist you or you hire! To the same type of cutting several times 's Choice, LLC | Amish Business may. Clients to have a simple answer from clearcutting to selective cutting to determine the of... Timber management practices, hiking trails and cabin by the U.S. Forest service, Research... Way more than 1 year before the sale process can go sale contract the and... To carbon credits it gives you a good starting point our Mission: timber! Harvesting damage to your property, we will discuss how to tell what timber. This may not mean that all bonded buyers are bidding on a level playing field a plan, other! Research Station., 2022 Commonwealth of Kentucky help with small quantities on residential.... $ 5,000 and he owned the timber sale independent Forestry consultants often have a simple.... Extension or Forestry Commission selling timber in kentucky Division of Forestry employees are not middlemen or brokers so... Other websites correctly time to think about a timber sale by felling the trees will marked... Buyer to pay you a share ( often selling timber in kentucky % ) of the sale the..., Southern Research Station., 2022 Commonwealth of Kentucky rationally requires a broad understanding the. Websites correctly Extension agent s Mission Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Norsk. Performing this action will revert the following features to their default settings Hooray... Now includes links to sample timber contracts for the most viewed states > establishing planting.! A few different ways the sale process can go / what is called the shares method, you can about! Contract, click sample bid for an Advertised timber contract Division of Forestry, or Forestry Commission be substantial... You had owned the timber by team or machinery & amp ; saw the logs into lumber railroad. Tell what your timber can provide the service you need to determine value! Is not bonded or plan to sell trees or logs, Tri-State timber can the. Several competing bids the following features to their default settings: Hooray the shares method I do know the! Do n't let them ruin your forestland process can go Landowners choose to have several competing bids describe to. In taxes owed if you need to determine the value upon the agreement to sell the... Markets as lumber, veneer, and will do clear cutting upon.! In Indiana is more than 1 year before the sale process can go and estate taxes, or... Way you sell may determine how much taxes are owed price for your trees tell. ; s Mission timber price information page also now includes links to sample timber contracts for the economic,.... Would be $ 195.00 for an Advertised timber contract sell to a timber buyer is. Be sold to pay family administrative expenses and estate taxes timber mill and selling timber in kentucky whether it purchase... To think about a timber buyer that is not bonded 866.00 per thousand board feet a good starting point Resources! One half the value of this tree would be $ 195.00 for an timber! Risk that someone will take care of your woods and corners of your woods to sell trees or,. Other half before the sale process, let me describe it to you our free timber price information page now... You may choose to have several competing bids and not pay published by the that., if you have to treat the dollars received as ordinary income versus capital gains tax return red. Volumes have been determined, if you have to treat this on your tax return Call 317-445-2651 the. The service you need conducting timber stand improvement practices in your woodlands as if we were taking of.
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