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Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6458966
02/12/19 10:17 AM
02/12/19 10:17 AM
Joined: May 2010
Posts: 28,978
potter co. p.a.
P
pcr2 Offline
"Twerker"
pcr2  Offline
"Twerker"
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Joined: May 2010
Posts: 28,978
potter co. p.a.
and he may see something you wont.i'm starting to cut 50 acres across from my house owned by the mill.they wanted me to cut all the ash but when they marked the lines,the forester has found something is killin the white oak there also so they want everyone of them cut also.i noticed some dead when hunting but forester says not a healthy one on the hill.big and plentiful so it'd been a large loss for them if not cut.









Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6458968
02/12/19 10:17 AM
02/12/19 10:17 AM
Joined: Jan 2007
Posts: 17,785
MN
1
160user Offline
trapper
160user  Offline
trapper
1

Joined: Jan 2007
Posts: 17,785
MN
I have had logging done on my place twice so far and the third time isn't that far off. I wanted my property managed for deer and grouse habitat so the cuttings have been small clear cuts to promote a diversity of age class timber. It has worked great and I have NO regrets at all. I got a few extra bucks but most of the timber stumpage was used for heavy equipment work and clearing food plots and trails. Any fruit tree or tree that produced a mast crop like oak was left. Those seed trees have really helped promote growth of new oaks and apples for the critters. Some small areas of low dollar timber were simply slashed and left for bedding areas. To me logging has far more benefits than it does drawbacks.


I have nothing clever to put here.





Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6458970
02/12/19 10:18 AM
02/12/19 10:18 AM
Joined: Jan 2018
Posts: 1,684
Henry Co, IL
3
3togo Offline
trapper
3togo  Offline
trapper
3

Joined: Jan 2018
Posts: 1,684
Henry Co, IL
Statement: There are no veener logs.

If the trees grew close together and have very few, if any branches due to all competing for light and growing straight up you MAY have veneer logs in some of those trees. Can't tell until the tree is cut. Sometimes mineral inclusions will cause a down grade in a log.
I'd be looking at the basic theme here and check with the state forestry service, and get at least 3 bids.
Also, equipment was mentioned. Some of the newer skidders will be low impact if not used in muddy situations. If anyone has a dozer with a winch set up for logging it will not leave ruts like some skidders.

Re: Logging 60/40 split or $700 a truck load??? [Re: 160user] #6458973
02/12/19 10:20 AM
02/12/19 10:20 AM
Joined: May 2010
Posts: 28,978
potter co. p.a.
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pcr2 Offline
"Twerker"
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Joined: May 2010
Posts: 28,978
potter co. p.a.
Originally Posted by 160user
I have had logging done on my place twice so far and the third time isn't that far off. I wanted my property managed for deer and grouse habitat so the cuttings have been small clear cuts to promote a diversity of age class timber. It has worked great and I have NO regrets at all. I got a few extra bucks but most of the timber stumpage was used for heavy equipment work and clearing food plots and trails. Any fruit tree or tree that produced a mast crop like oak was left. Those seed trees have really helped promote growth of new oaks and apples for the critters. Some small areas of low dollar timber were simply slashed and left for bedding areas. To me logging has far more benefits than it does drawbacks.

hats off to ya,same here and i even get to manage my neighbors properties and get paid for it.

Last edited by pcr2; 02/12/19 10:21 AM.








Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6458992
02/12/19 10:38 AM
02/12/19 10:38 AM
Joined: Dec 2006
Posts: 3,835
Pa
W
Wright Brothers Offline
trapper
Wright Brothers  Offline
trapper
W

Joined: Dec 2006
Posts: 3,835
Pa
Any such thing as a market for knotty white fir?

edt I found the answer, zero per mbf lol.

Last edited by Wright Brothers; 02/12/19 11:51 AM.




Re: Logging 60/40 split or $700 a truck load??? [Re: Bigfoot] #6459015
02/12/19 10:58 AM
02/12/19 10:58 AM
Joined: Jan 2014
Posts: 1,384
kentucky
L
logger coffey Offline
trapper
logger coffey  Offline
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Joined: Jan 2014
Posts: 1,384
kentucky
Originally Posted by Bigfoot
Foresters are just as coruptible as loggers. After all the whole premise for their existance is that all loggers are thieves.,but they need loggers to harvest the timber they sell or nobody makes money . Just remember a forester needs relation ship with loggers he can work with .more than he needs a single landowner that he might deal with every ten to twenty years .there are good foresters and good loggers educate yourself and talk to as many people as you can
you got that right , around here the are getting paid under the table from big mills not to submit bids and such . people around here finally saw this after a old lady got the screws after a big bid deal , supposed to have been advertised but wasint ,sawmill got some cheap timber and the forester made a bundle.

Last edited by logger coffey; 02/12/19 11:02 AM.
Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6459037
02/12/19 11:32 AM
02/12/19 11:32 AM
Joined: May 2016
Posts: 3,491
Southern Illinois
F
Foxpaw Offline
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Foxpaw  Offline
trapper
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Joined: May 2016
Posts: 3,491
Southern Illinois
[url=https://timbertax.org/research/revenuerulings/capitalgain/][/url]

I've been digging thru the nite looking for qualifying capital gains. Most of the sites I found dont have any dates, a couple was from 1996. I dont know about this one.

But this seems to be the jest of all of them:
You forsure have to own it atleast 12 months.

When "cut"
For purposes of determining capital gain or loss, timber is considered "cut" at the time when in the ordinary course of business the quantity of timber felled is first definitely determined, rather than at the time of the felling. Treas. Reg. ¤1.631-1. (Sec. 631).

If anyone wants to take a stab at interpreting the above about " when cut " for capital gains please do so.
I have an idea, but besides being as ignorant as a hog on ice, I still have stuff from over 30 yrs. in my head.
After getting a forester, a good tax man might be your next best money maker.
I distinctly remember in order to get capital gains the decision had to be made at time of sale and not after you go to your tax guy next year.
If you screw up and dont get the capital gains then you will have to pay a higher tax rate plus self employment(social security} because it will be ordinary income. If you bought the land you may be able to put a value on the timber and count that as cost against your gain on the trees, but then that might come off of what you paid for the land which you need records so if you sell the land your cost is less than the amount you took off for the trees. My best advice is a tax man that actually knows what he is doing ?

Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6459063
02/12/19 11:51 AM
02/12/19 11:51 AM
Joined: Jan 2014
Posts: 1,384
kentucky
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logger coffey Offline
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logger coffey  Offline
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Joined: Jan 2014
Posts: 1,384
kentucky
In all honesty to the original poster ,none of use are there and we cant see your timber so it would be hard to tell you the correct thing to do. . you might be getting a good deal or might not . some say they have good timber but sometimes its junk , some have told me they did not have any timber then i looked and it was nice stuff . hope you the best.

Re: Logging 60/40 split or $700 a truck load??? [Re: H5Farm] #6459151
02/12/19 01:13 PM
02/12/19 01:13 PM
Joined: May 2010
Posts: 28,978
potter co. p.a.
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pcr2 Offline
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potter co. p.a.
guy told me he had 20 acres of ash that needed cut-not a local-was some nice poplar when i got there.









Re: Logging 60/40 split or $700 a truck load??? [Re: logger coffey] #6459176
02/12/19 01:38 PM
02/12/19 01:38 PM
Joined: Aug 2008
Posts: 16,170
ny
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upstateNY Offline
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upstateNY  Offline
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Joined: Aug 2008
Posts: 16,170
ny
Originally Posted by logger coffey
In all honesty to the original poster ,none of use are there and we cant see your timber so it would be hard to tell you the correct thing to do. . .

Very true,however the price he quoted I could get twice that just selling it as firewood in my area.


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