Forestland and its subsequent management are still sound investments! Join us in this episode of Timber University as we discuss some of the things you should consider when investing in natural resources. We also discuss how timber value varies depending upon a different location and onsite factors.

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Forest tax is a very specialized area in the tax codes. Many forest landowners, CPAs, and lawyers are often not well versed with this type of taxation. This episode of Timber University is recorded with the intent of highlighting some of the more pertinent areas of tax law that concern landowners and their forest management.

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In this episode, we take on the difficult subject of casualty loss. This is a subject no landowner looks forward to, but planning for the worst is sound planning. Join us as we discuss what the IRS considers a casualty, how to determine your loss in the eyes of the IRS, and how best to move forward, from a Forest Tax perspective, after one occurs.

Resources:

Tips for Landowners Attempting to Salvage Hurricane Damaged Timber

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Join us in this episode of Timber University as we discuss the pros and cons of site preparation in forestry. Many forest managers are familiar with the various mechanical and chemical site preparation methods available, but may not know how they compare with each other in implementation and effectiveness. This episode is intended to familiarize you with the most commonly encountered treatments currently used in forestry.

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Mr. David Bean is the owner of Advisory Services, Ltd. in Mountain View, Arkansas. Join Brady and Shaun as they talk with David about estate planning with a natural resources spin with topics covering items from construction of wills to trusts.

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Dr. John Auel is the Certification Programs Director for the Mississippi Forestry Association. Join us in this episode of Timber University as we discuss best management practices with John and how this style of management serves to maintain environmentally sound timber management.

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Only a small percentage of landowners actually possess a written management plan for their property. This episode of Timber University details the benefits of having a management plan as well as commonly included components and their importance when writing a management plan.

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In this episode of Timber University, we discuss the importance of setting objectives and realistic goals for ownership of your property. Often forestland owners do not know where to start in their management efforts, this episode is intended to help you begin the management process by listing some things to consider before undertaking this exciting challenge.

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In this, the first episode of Timber University, we explain our goals for the podcast, what we intend on covering, and who would benefit from listening. We also discuss our backgrounds and career paths that led us to working for the Mississippi State University Extension Service.

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