Tax Tips for Forestland Owners

By Darwin L. King and Edward D. King * Timber Tax Overview - The Big Picture ... The IRS has three possible classifications or categories for forestland owners. The timber owner may be holding the property as either a hobby, an investment, or as a for-profit business. There are different tax regulations...

Tax Tips for Forestland Owners

By Darwin L. King and Edward D. King * Timber Tax Overview - The Big Picture ... The IRS has three possible classifications or categories for forestland owners. The timber owner may be holding the property as either a hobby, an investment, or as a for-profit business. There are different tax...