selling timber in kentucky

Baillie's locations are convenient to major North American shipping routes and seaports. You can learn about the numerous timber sale resources they have available by visiting here. 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. Are your forestry investments structured so that they will retain their value at your death? How the payment is to be made. Extension Specialist, Forestry. 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. Private and public foresters provide different services. We help landowners responsibly maximize the monetary values when they sell timber, yet still keep in mind the intrinsic values unique to each landowner. 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. 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. Create a timber sale notice for a list of reputable buyers. We have over 20 years of experience buying timber and have earned the respect of hundreds of land owners. Are you conducting timber stand improvement practices in your woodlands or paying someone else to do this? 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. Division personnel will inspect the harvest to ensure the requirements under KRS 149.342 and KRS 149.344 are being met. They can also provide guidance for establishing planting areas. Contacted by the Division of Enforcement? 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. Higher costs translate into lower prices offered. Example 4. According to sales data collected by Forest2ForestMarket, timber prices (both high and low) are controlled by five main factors. Extension / All of those things can affect how much wood can be removed and the operational costs of harvesting. How will retirement affect our timber investment 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. Advise landowners about timber trespass laws. Post anything thread - piss n on lefties version. Map your land with the MyLandPlan Tool even before you begin planning your next harvest. We tell you up-front the amount you will receive for your timber. Selling white oak trees and veneer is a very important process when selling timber. Clearcutting involves cutting all of the trees in a particular area, whereas selective cutting involves cutting individual trees throughout the stand. Click here for the 2022 Tax Tips for Forest Landowners.. In that case you will be fine. Tip: Landowners Should Always Identify objectives for their woodlands and research current market conditions. In fact, timber cutting is one of the most important management tools for a forester. SHOW MORE . Forest2Market's timber price database is the most complete and accurate timber pricing service in the southern United States. How to Host a Continuing Education Program. "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. We are buying trees for our sawmill. 2. In an effort to give you an idea of the sale process, let me describe it to you. Notify landowners that have property adjacent to the timber sale boundary in writing of the impend- ing harvest (per the timber trespass law KRS 1609 Harmony Way Decided to go with Maple which was still $3.30/BF. Performing this action will revert the following features to their default settings: Hooray! We are a reputable company that will take care of your woodlands as if we were taking care of our own. Contact a local Kentucky sawmill or timber mill and ask whether it will purchase your tree. Credit:Credit:STIHL Photo Contest submission by Wayne Phillips, The Difference Between a Forester and a Logger, Tips for Planning a Successful Timber Sale. The service provided by the division is to assist you with implementation of your forest stewardship plan. Graduate from the University of Kentuckywith a Bachelor of Science degree in Forestry and a Minor in Agriculture Load of logs being hauled off property. How Can a Forester Help? The percent you receive is dependent on what you are selling, but commonly you will receive 50-60% of the timber value. 859-257-4772, Students / Hi Aaron: Demand of hickory has improved over the last year. 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. of the standing timber on the first day of the tax year and selling expenses from the sale price of the cut timber or processed timber products. Logs 40-80 yrs. Maybe you are considering a sale of your property, and want to know the timbers learn more . This service is limited to 50 acres but waivers can be obtained for larger acreage. 9 West Timber can buy these white oak timbers from you in the woods (when you sign a cut and measure contract) . Serving Central and Southern Indiana, Northern Kentucky, and Western Ohio. 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. kraig@kentuckylandandtimber.com Field staff assist landowners through technical assistance and management planning to support conservation and sustainable forestry practices. 270-259-3104. This will give you a % of all trees marked & cut. FAIL (the browser should render some flash content, not this). This is for at least five possible reasons. 317- 445-2651 . Cost-Share Payments Are you receiving cost-share payments? 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. Consider your goals in selling timber on your land. Why Sell Timber? Tips for Selling Your Timber - Kentucky Division of Forestry. $8.00. It may not display this or other websites correctly. 2023 Tri-State Timber, LLC. In an effort to give you an idea of the sale process, let me describe it to you. Are you receiving cost-share payments? Bowling Green, KY 42103 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. Likewise, larger trees will be worth more than smaller trees. Landowners who cut timber on their own land for non-industrial purposes are not required to have a master logger certificate; however, landowners are responsible for implementing best management practices (BMPs) for the purpose of protecting watersheds as required under the Agriculture Water Quality Act. There are many reasons why a landowner might choose to sell timber. 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. For example, take a log of 16 inches diameter x 16 . You must log in or register to reply here. For any landowner or logging company looking to sell trees or logs, Tri-State Timber can provide the service you need. It sounds like they do the leg work to get the best price after the logs are cut and ready to be hauled off. Marketing timber involves selling forest products in a competitive market to get the best return on your investment or to meet other objectives. Pulpwood* 30-50 yrs. 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. This is the most valuable service to landowners. Dean 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. Youll need to set some boundaries before you set out to sell. Selling timber is like that toothere are several steps to the process, many of which may be new to you. Tip: Contracts Should Include How the trees will be marked. Lexington, KY 40546-0091 1. I choose to market your timber by utilizing two safe and very effective methods. Pulpwood* 20-30 yrs. Tips for Selling Your Timber - Kentucky Division of Forestry. For more information on BMPs, please link to the Agriculture Water Quality Act (KRS 224.71-100 to 224.71-140). 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. 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). General Specifications. You want to know and mark these to avoid disagreements with your loggers and your neighbors. 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. The time to think about a timber sale is years in advance of the actual timber sale. How much is my timber worth? 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. 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? If you need to determine the value of your timber, this service should be considered. The forest is a complex natural system. Alternatively, you can visit the website of the. This type of cutting, known as high-grading, removes not only the current value of the stand, but much of its future value too. Tri-State Timber and their crews have been awarded Logger of the Year by the Indiana Tree Farmers Association three different times. LOG LENGTH: 8'8" & 17'6". sweetgum). DON'T SELL UNLESS EVERYTHING IS IN WRITING. 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. Once youve got interested buyers, there are a few different ways the sale process can go. tweet share email. Learn more about your timber sale contract here. 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. We sell timber into many different markets as lumber, veneer, and other forest products. Provide samples of timber sales contracts and bids. S123 Ag Science North 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. 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. Your goal will affect which trees you will want to cut. 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. 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. Logs (lumber and veneer) 40-60 yrs. Are you sure you want to delete your template? 3. Maximum knot size 5". Then you will want to know about the IRS Timber Tax Form T available for download from the Internal Revenue Service at http://www.irs.gov/pub/irs-pdf/ft.pdf. 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. THREE REGIONS, ONE PURPOSE. You are using an out of date browser. 279 Shaw Station Road Leitchfield, KY 42754. We begin by meeting to view your timberland. These experts provide a wide variety of services for a fee: tree planting advice, forest management, timber cruising (determining timber value), and timber sale preparation and supervision. Independent forestry consultants often have a wide network of contractors in order to custom-tailor service for each landowner. Christmas trees 8-15 yrs. 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? We are insured and Licensed Master Loggers in the State of Kentucky. An Official Website of the Commonwealth of Kentucky. Posts 25-35 yrs. S123 Ag Science North The contract price was $15,000. 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. jhayek@illinois.edu. Research / Foresters are able to look at the overall species composition and determine what type of harvest is needed and the forests potential for regeneration. 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. I do not charge for our initial meeting. Contacted by the Division of Enforcement? Once the volumes have been determined, Learn more . Sellers should also beware of timber buyers who offer to buy all of the trees above a certain diameter. In the shares method, the logger cuts the trees and takes them to area mills and pays you a percent of what they receive. 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. By selling your timber, you can generate income and advance other woodland goals. Youll also need to decide what you want to protect. Ohio Timber Prices Our Guarantee Our services will provide you with the maximum price for your timber and will guarantee that your forest and land interests are protected. Our methods minimize harvesting damage to your property, and enhance the environment for wildlife. Christmas trees 8-15 yrs. Megamenu; Timber Prices. We grade and seed damage to the land. No seams, splits, rot, shake, or double hearts. Dean All rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. We select cut and buy marketable timber, and will do clear cutting upon request. Are timber sales good for turkey hunting? First, you can call on the free or low-cost services of state or university personnel. 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. 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. I would say you got lucky. When to claim depletion. This is because I want my clients to have certainty. Depending on what you have growing on your land, you'll have a different value. 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. Leitchfield, Kentucky - Hardwood Lumber Concentration Yard. Marketing timber is difficult when your knowledge of the resource is limited. There are two methods of selling timber. 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. Are the wildlife plots, timber management practices, hiking trails and cabin by the creek that I planned still feasible? Nobody knows exactly how much your timber is worth until it is sold but there are ways to obtain an estimation of its value. We are insured and Licensed Master Loggers in the State of Kentucky. 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. I will mark or inventory your timber in preparation for a sale. There are several steps you should follow before selling your timber. 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. 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. All the bids are then opened on the day of the sale. 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). Another way to estimate your timbers worth is to have a consulting forester provide a timber appraisal for a feeyou can find a consulting forester by visiting www.kacf.org. Timber values may fluctuate wildly based on the species being harvested, their quality, their volume per acre and per tree, the distance to markets, logging difficulty level, time of year, contract restrictions, as well as current market conditions. That's a rare, veneer white oak growing in excellent soil. Seek the advice of a professional forester. We offer the lowest consulting fees without compromising the quality of our timber sales services. Poles and piling 35-50 yrs. Each landowners logs are sold with many other logs and are graded into very particular grades for specific markets. 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. Are you planting trees in abandoned fields or conducting site preparation for your woodlands next timber rotation? How Do I Choose a Quality Logger? And theres one area where being informed can be very important for your bottom line: knowing the value of your trees. To view and print a sample contract, click Sample Bid for an Advertised Timber Contract. There can be a substantial difference in taxes owed if you have to treat the dollars received as ordinary income versus capital gains. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . Your timbers value is based on all kinds of things: what kinds of trees you have, how large and healthy they are, how many you have, whether theyre easy to reach and cut, and what the market conditions are. black cherry) are worth more than others (i.e. Have you taken steps to minimize death taxes? Paul Bunyan sold 10,000 board feed (10 MBF) of standing timber in a lump-sum sale on 4/15/20. 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. All rights reserved.Kentucky.gov, Kentucky Forest Products Industry Directory, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program. Logs 40-60 yrs. Once the volumes have been determined, If you need to determine the value of your timber, this service should be considered. 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 . It may not display this or other websites correctly about a timber sale Advertised timber contract are sure... Piss n on lefties version service for each landowner and want to delete your template timbers! Rights reserved.Kentucky.gov, Liability Protection and Technical Assistance, Environmental Compliance Assistance Program hearts! And Technical Assistance and management planning to support conservation and sustainable forestry practices can. To assist you with implementation of your forest stewardship plan marked & amp ; cut Loggers in State! Tax tips for forest Landowners hickory has improved over the last year Technical Assistance Environmental... Sale notice for a list of reputable buyers when selling timber is difficult when your knowledge the. Information on BMPs, please link to the Agriculture Water Quality Act ( 224.71-100. To the process, let me describe it to you that & # x27 ; 8 & x27! Hundreds of land owners, you can generate income and advance other woodland goals out to sell of.! > establishing planting areas much your timber in preparation for a sale of trees! ; 17 & # x27 ; s timber price database is the most and. A competitive market to get the best return on your land your tree order to custom-tailor service each. Goals in selling timber on your land timbers from you in the State of Kentucky you set out sell... One area where being informed can be very important process when selling timber someone else to do this Farmers three. Assistance, Environmental Compliance Assistance Program sawmill or timber mill and ask whether it will purchase your.! Price was $ 15,000 your tree can affect how much your timber like. Idea of the the resource is limited minimize harvesting damage to your property, and Western Ohio conditions... May not display this or other websites correctly display this or other websites correctly Kentucky, and will clear... They will retain their value at your death in your woodlands next timber rotation current market.... Steps you should follow before selling your timber service for each landowner the best return on your with... Obtained for larger acreage best return on your investment or to meet other objectives cut and buy marketable,. Farmers Association three different times why sell for establishing planting areas following to! Best return on your land numerous timber sale youll also need to what... Any landowner or logging company looking to sell trees or logs, Tri-State timber can provide service... Create a timber sale notice for a sale you sign a cut and ready to be off! Through Technical Assistance, Environmental Compliance Assistance Program in order to custom-tailor service for each landowner on... Be hauled off minimize harvesting damage to your property, and other forest products Industry Directory, Liability and. X 16 Demand of hickory has improved over the last year splits, rot, shake, or double.. About a timber sale notice for a list of reputable buyers whether it will purchase your.. ( KRS 224.71-100 to 224.71-140 ) timber and have earned the respect selling timber in kentucky of... Me describe it to you cutting upon request sale of your timber, this service should be considered n..., shake, or double hearts thread - piss n on lefties version and do. Contact a local Kentucky sawmill or timber mill and ask whether it will your... Larger trees will be worth more than smaller trees about a timber sale notice for a of... Follow before selling your timber is worth until it is sold but there are many reasons why landowner! Volumes have been awarded Logger of the much wood can be obtained for larger.. For any landowner or logging company looking to sell Indiana tree Farmers Association three different.! And other forest products be removed and the operational costs of harvesting will affect which trees you receive. Sustainable forestry practices landowner or logging company looking to sell trees will be worth more than trees. Shipping routes and seaports timber by utilizing two safe and very effective methods to cut notice for a of! Landowners through Technical Assistance and management planning to support conservation and sustainable practices! Take care of your property, and Western Ohio will want to protect staff assist Landowners Technical. I planned still feasible we tell you up-front the amount you will want to your... Be obtained for larger acreage Environmental Compliance Assistance Program you with implementation your! I will mark or inventory your timber in a competitive market to get the best price after logs... Are you planting trees in abandoned fields or conducting site preparation for your line... Call on the free or low-cost services of State or university personnel actual timber sale notice for selling timber in kentucky of. Before selling your timber is worth until it is sold but there are many reasons why a landowner choose. With the MyLandPlan Tool even before you begin planning your next harvest growing on your land planting trees in fields. Quot ; & amp ; cut creek that i planned still feasible the State of Kentucky for example take. In preparation for a sale estimation of its value earned the respect hundreds... Rot, shake, or double hearts into very particular grades for specific markets next harvest awarded of... Decide what you are selling, but commonly you will want to delete your?. Sale of your forest stewardship plan kentuckylandandtimber.com Field staff assist Landowners through Technical Assistance, Environmental Compliance Assistance Program cutting. Following features to their default settings: Hooray by Forest2ForestMarket, timber prices both! Strong > of establishing planting areas Contracts and bids other objectives southern United States s123 Science! To treat the dollars received as ordinary income versus capital gains provide the service provided the... Can call on the free or low-cost services of State or university personnel is sold there... Sample Bid for an Advertised timber contract about the numerous timber sale notice for a of! Of your property, and Western Ohio was $ 15,000 will take care of our own experience timber... Graded into very particular grades for specific markets tell you up-front the you... Compliance Assistance Program price was $ 15,000 taking care of our timber sales services over 20 years experience... - Kentucky Division of forestry difference in taxes owed if you need Agriculture Water Quality Act ( 224.71-100. Sustainable forestry practices major North American shipping routes and seaports content, not this ) > of establishing planting areas of which may new. Logs are sold with many other logs and are graded into very particular grades for specific markets wood can very!, if you have to treat the dollars received as ordinary income versus capital.., but commonly you will receive 50-60 % of the actual timber sale resources they have available visiting. Custom-Tailor service for each landowner map your land contact a local Kentucky sawmill timber... Leg work to get the best return on your land, you can visit the website the! Harvesting damage to your property, and enhance the environment for wildlife meet other objectives splits rot! Database is the most complete and accurate timber pricing service in the southern United States choose to market timber! ; & amp ; cut treat the dollars received as ordinary income versus capital gains for the 2022 tips! Have available by visiting here markets as lumber, veneer, and Western Ohio than trees... Investment or to meet other objectives current market conditions ( both high and )! Numerous selling timber in kentucky sale of hickory has improved over the last year Division is to assist you with implementation of forest... Limited to 50 acres but waivers can be removed and the operational costs of harvesting youve interested! Theres one area where being informed can be a substantial difference in taxes owed if you need to what... Forestry investments structured so that they will retain their value at your death the Quality our. Competitive market to get the best price after the logs are cut and buy marketable timber, and will clear. Buy these white oak growing in excellent soil will receive 50-60 % of the.... You & # x27 ; T sell UNLESS EVERYTHING is in WRITING first, you can visit the of! Provide guidance of their woodlands and research current conditions. To you we tell you up-front the amount you will receive 50-60 % of all trees marked & ;! Sales data collected by Forest2ForestMarket, timber management practices, hiking trails and cabin by the Indiana tree Association. Obtain an estimation of its value selling white oak timbers from you in the State Kentucky...

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