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Landowners and Investors:
Forest Management Plans—Some
Timely Advice (10/11/09)
Do you own timberland in
a county which requires a forest
management plan? Do you
need a forest management plan to
acquire Greenbelt/Agricultural
Classification on your
timberland in 2010? You
should be aware of the
following:
1.
Some County Property Appraisers
may require a forest management
plan written prior to January 1.
2.
Some County Property Appraisers
may require a forest management
plan be submitted no later than
the March 1 deadline for filing
an application for Agricultural
Classification.
Now is a good
time to schedule management plan
preparation. If you delay
until near the end of the year
or mid-winter/early spring,
finding an available forester to
prepare the management plan may
be difficult, since we typically
are very busy at that time of
the year with burning and
planting. If you miss the
deadline for submission of your
management
plan,
you may
miss your opportunity to acquire
an agricultural classification
and the resulting lower
tax liability until 2011.
Contact us now to schedule a
field inspection and preparation
of a management plan. Many
counties will accept the Agricultural
Classification application prior
to January 1.
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