brokenknee
Platinum Member
I have to admit this is getting to be much more complex than I originally thought it would be. The wife called both a cousin and an uncle that have sold timber; both have had good experiences and will do it again. They echoed many of the responses I have received from the forum members. They both also said that pine is at an all time high.
I will be contacting a few other loggers to get bids from them; the wives uncle recommended contacting some of the local Amish as he has had good luck with them as far as a fair price and cleaning up with least amount of damage to the land.
I would like to thank every one for their replies, Dan yours was very informative; I had thought of taxes but had no idea about timber taxes. I usually do my own taxes as my tax situation if pretty straight forward, but now I will have to factor in the cost of someone doing my taxes as part of the over all compensation.
The guy that contacted me is coming out on Monday, I will give an update on what he has to say.
I will be contacting a few other loggers to get bids from them; the wives uncle recommended contacting some of the local Amish as he has had good luck with them as far as a fair price and cleaning up with least amount of damage to the land.
I would like to thank every one for their replies, Dan yours was very informative; I had thought of taxes but had no idea about timber taxes. I usually do my own taxes as my tax situation if pretty straight forward, but now I will have to factor in the cost of someone doing my taxes as part of the over all compensation.
The guy that contacted me is coming out on Monday, I will give an update on what he has to say.