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Author: Jeanwa Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121565  
Subject: Re: bought forest property Date: 2/14/2013 11:57 PM
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Are you planting the walnuts and apples to later harvest them to sell the fruit and nuts, to sell the timber when mature or because you like them?

I think you need to find an expert. Here's a place to start.


https://www.extension.purdue.edu/extmedia/FNR/FNR-214.pdf

This link was near the end of the pdf.

http://timbertax.org/

My in-laws had a tree farm in CA, but that was in the '80s and I wasn't really involved in it. Theirs was a softwood tree farm. Christmas trees and pine and fir timber. I remember something about trees being long term capital gains when sold...not inventory, but that's about it. Like I said it was awhile ago.

Jean
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