Buckmaster
Senior Member
What is the minimum acreage to be eligible for the forestry program with tax relief?
What is the minimum acreage to be eligible for the forestry program with tax relief?
What is the minimum acreage to be eligible for the forestry program with tax relief?
The acreage is the problem I ran into. No one wants to waste the time on a small piece. I even tried to combine 2 neighboring properties and no one wanted to help. I'm gonna have to do it all myself if I want to improve my place. Might just clear cut it all. Start an orchard. Frustrating
Ok, so you just bought the farm of your dreams. If you are like most of us, you had to sacrifice to buy the farm and now you are stretched thin - hoping to find a way to balance pleasure, hobbies and hopefully some sources of income. So what is next?
If the farm has timber:
One of the first things I would do, if I could start it all over, would be to have a FREE state forester out on my property. These state foresters can help you to evaluate your current timber value, areas that need thinned, areas that need treated, etc. This will end up being your forestry plan. You can take this plan, then apply for tax reduction programs - such as - The Ohio Forestry Tax law, or CAUV. You can also use this to apply for federal EQUIP programs. These can help to mitigate the burden of cost, when removing invasives, putting in water bars, etc. based on the forestry plan recommendations.
The state foresters are free and from my experiences extremely good at balancing future timber best practices with those who have wildlife goals as well. Key here is to be upfront with your goals prior to being in the middle of the forest.
I personally have a private forestry plan as well. This gentleman helps any timber quotes that help to ensure that I don't "get taken to the cleaners" by a logger. The forester will take a small % of the profits of a timber harvest, but WELL worth the effort - to ensure no high grading or unwanted timber practices are done without my consent. I have read many horror stories of terrible logging methods that have been done, without a forester being on sight, marking trees, etc. I highly recommend doing your homework on this as it could save you and your children thousands of dollars, as well as set you up for decades of future income producing timber stands.
Hope you all enjoy this and have a blessed afternoon.
AT
where can I find a free state forester?
Awesome! Thanks. My property is in cauv now, but I think that farming the tillable acreage is going to come to an end. Need to find a better form of tax relief.
J - I’m no expert but I recalled seeing this last week and it may be of use depending on where his land is and how it is considered (wetlands or not).Albert, a friend purchased a home on 11 acres. It’s got the tree farm classification And tax break. Forrester has been there recently too go over it and make up his plan for the next decade, It’s also pretty wet year round. Is there a wetland program that can run concurrent with that tree farm program?
A couple key criteria are that the land must currently be in agricultural production with at least a 5-year farming history and the current owner having owned it for at least 1-year in order to be eligible for Lake Erie CREP and H2Ohio Incentives. Also needs to be classified as Hydric soil and inside certain watersheds/floodplains for certain conservation practices.Thanks Albert, I passed it along too him.
Tree farm fall under that criteria?A couple key criteria are that the land must currently be in agricultural production with at least a 5-year farming history and the current owner having owned it for at least 1-year in order to be eligible for Lake Erie CREP and H2Ohio Incentives. Also needs to be classified as Hydric soil and inside certain watersheds/floodplains for certain conservation practices.
Negative. At least not for any of the wetland/riparian related programs.Tree farm fall under that criteria?
Well.... Thinking some more... I'm not sure. If it's considered "Ag" and he gets a CAUV tax credit for the tree farm, then mayyyybbee. I guess then it might just depend on whether or not his property consists of hydric soils. Like Al mentioned, he should talk to his local SWCD and/or NRC representative.Tree farm fall under that criteria?
He said he was going too cont them, this was more for me in trying too wrap my head around these programs.Well.... Thinking some more... I'm not sure. If it's considered "Ag" and he gets a CAUV tax credit for the tree farm, then mayyyybbee. I guess then it might just depend on whether or not his property consists of hydric soils. Like Al mentioned, he should talk to his local SWCD and/or NRC representative.