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.pdfThis 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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