“Managing your forest as a business comes with both complexity and tax benefits. Working with a tax professional and a Registered Professional Forester (RPF) who has experience in the various financial aspects of forest ownership is important for ensuring forest landowners also enjoy the financial benefits their forest offers.”
-Larry Camp, RPF, forest landowner, retired IRS forester and Forest Stewardship Workshop presenter
Larry Camp knows taxes and forests. As a retired IRS tax professional and forest landowner, he acknowledges that income and expenses related to forest management have tax consequences for forest...
- Author: Kim Ingram
Private forestland landowners have a unique opportunity to enjoy the economic, ecological and social benefits forests offer. The public also benefits from private forests as they play a critical role in the connectivity and functioning of the larger forest ecosystem.
According to the National Woodland Owner Survey, California family owned forest land covers 6.3 million acres with approximately 70% of owners living or working directly on this forest land. Owners cite the values of privacy and the physical beauty of the forest as the primary reasons for ownership.
The opportunity to preserve the health and diversity of their forests contributes to why landowners take action to protect their homes and forestlands with an...