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Old 09-09-2002, 03:23 PM
  #4  
eddiee
 
Join Date: Feb 2003
Location: Erie PA USA
Posts: 113
Default RE: Tax breaks?? Starting a tree farm?

MAC,

I only hunt on the property and do not itemize. The land was logged to 12 inches just before I bought it. I do plan on logging it in about 20 years. Last year I planted 100 red oak trees and 250 blue spruce. I will likely sell the spruce trees as Christmas trees in 6 years or so. I do not plan on selling the red oak trees (I will likely be dead when they are ready for harvest). My thoughts are to plant enough trees to call it a business/tree farm. I don't know if it can be done?? Any thoughts?? suggestions?? Just looking for some input before I call a cpa.

Thanks
eddie
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