We are here with Georgia land real estate agent, Steve Chapman, and Dr. Yanshu Li of the Warnell School of Forestry & Natural Resources at the University of Georgia. Dr. Li is an associate professor of Forest Economics and Taxation and Steve Chapman is a forester with 35 years of experience, so this should give you a good idea of where the conversation is headed. We are here to discuss probably the most important part of harvesting timber and that is establishing your basis. Not establishing your timber basis is common and it can be a significant error when it comes time to harvest trees. This is the kind of episode that makes podcasts so amazing. It’s great information and you don’t even have to be a forester or timber investor to get into this stuff.

Talk with Steve Chapman about your timber!

See Dr. Yanshu Li's Research

National Timber Tax Website

Annual Timber Tax Tips for Forest Landowners