Documents Taxes for Working Forests and Tree Farms

Slide 1 An Example Joe inherited a timber tract in Louisburg 2 years ago. What is his timber basis? 8 Income Tax Implications Timber Sales and Basis Cost-Share Payments Reforestation…

Documents Taxes for Working Forests and Tree Farms

Taxes for Working Forests and Tree Farms Mark Megalos, & Rick Hamilton, NC RF Extension Forester, Retired Income Tax Implications Timber Sales and Basis Cost-Share Payments…