Forestry folks: PLANTING PINES?

[BustedKnucklefilms]

So I have 40+ acres of pasture sitting in Jasper, AL and would like to do something constructive with it. I have heard about planting pines as a good tax writeoff and also a good profit down the road. Anybody know anything about this? ???

Basically you a bunch of amigos run around with little sapplings and plant them and then a few years later you have trees that you can sell off as timber? Google searching got me nothing.

 

[BustedKnucklefilms]

found this little link
http://www.forestry.state.al.us/Publ...nt%20Trees.pdf

 

[race_jeep]

my aunt and uncle did it, the govt planted them, and pays them monthly for being foresters :****:

 

[bc]

Do it... When the timber matures it could be worth as much as 5000 an acre depending on the market... Make sure you keep them propely thinned though.

 

[Neal3000]

timber market sucks right now but i'd say do it anyway, probably be recovered by the time they have matured

 

[CHASMAN9]

Rumor had it at one time that Auburn University would donate the sapplings for re-forestation. Don't know if it was true or not though.

 

[BustedKnucklefilms]

I am definetly considering it. Looks like the govt will pay for 60% of the cost. Will pay you rent for the forest and then the trees are yours to thin out and finally harvest after the 10yrs is up. Sounds like a good deal to me

 

[CHASMAN9]

I am definetly considering it. Looks like the govt will pay for 60% of the cost. Will pay you rent for the forest and then the trees are yours to thin out and finally harvest after the 10yrs is up. Sounds like a good deal to me

Also look into your carbon foot print tax write off's. All good in the hood monies