Forestry
Please Note the links, above, especially
Contacts and Links
Forestry is about hard dollars $ $ ....... .
Think about a bank account that grows
some each year. Interest rates are low today, but timber continues
to grow each year, perhaps more than anemic interest rates.
Markets for wood products are down today, however cyclical markets do
eventually rebound to capture that growth of timber over the years.
Income from timber harvesting and
thinning is one dimension of economic benefit. Conservation easements
can generate tax deductions at a federal level and possibly Virginia
state tax credits at another level. Large easement valuations
possibly generate income from the sale of Virginia tax credits not
needed by the landowner. Hunting and/or recreational leases are
other forms of income. Possible oil and gas exploration in Virginia adds
another dimension to income.
Forestry is about soft memories and enjoyment ............
To be a tree farmer and kick back to
grow the future over the decades is rewarding for more than the end
product of lumber and pulp wood. Greater benefits to many
landowners are the enjoyment of today and the memories savored in the future.
Timber grows upon the land while
you, family, and friends enjoy hiking, hunting, recreation, and enjoyment
from gifts of all that is upon the land and water. At the end of the day
or your life, it is the memories that count.
Financial Institutions:
Union First Market Bank
Bowling Green, VA Sherry Gravatt
804.632.2124
Virginia |
Colonial Farm Credit |
7104 Mechanicsville Tnpk. |
Mechanicsville, VA 23111 |
|
1700-A South Main St. |
Farmville, VA 23901 |
|
Tappahannock, VA |
804.443.3351 |
|
22776 Timberlake Rd, Ste A |
Lynchburg, VA 24502 |
Farm Credit of the Virginias |
1356-B American Way Court |
Bedford, VA 24523 |
|
161 South Main St. |
Halifax, VA 24558 |
|
1445 East Rio Rd, Ste 104 |
Charlottesville, VA 22901 |
____________________________________________________________________________________________
There is help available for managing your
forest resources. Assistance is found in many places with many
dedicated individuals both in and outside government willing and able to
help you manage your forest assets to maximize value over the generations.
Be sure to see the pamphlet at the end of this web page.
SOURCE: Below, the Power
Point slides are excerpts from a presentation by
Jennifer Gagnon 540/231-6391
and others from Virginia Tech presentation of Virginia Forest
Landowners Education center; March, 2012.
There are many dimensions to owning land with forest.
Rewards are also great and diverse.
LINK:
http://cnre.vt.edu/forestupdate/
Below, a great resource and
source of help:
Please NOTE: Information and
comments are not guaranteed in terms of accuracy and/or scope. You are
urged to independently verify and investigate any and all information and/or
circumstances.
Mr. Alex Long,
ALC, CCIM, AICP
540.371.8700
Licensed in Virginia
Weichert Realtors 1955 Jefferson
Davis Hwy, Suite 201; Fredericksburg, VA 22401
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