White Oak Veneer should be quite valuable! Capital gains rates are generally lower than normal tax rates (unless you get pushed into a higher bracket) and may even be -0- of your income is low (in the 15% bracket). Selling it on the installment basis may lower your year-to-year tax liability.
Or you could just let them harvest a little each year. You may also have some costs deductible as a cost basis (property taxes not deducted, travel expense, etc.).
I'm sure the value of your White Oak is much greater than the value of my (dying) Ash! They took everything over 12" diameter.
Or you could just let them harvest a little each year. You may also have some costs deductible as a cost basis (property taxes not deducted, travel expense, etc.).
I'm sure the value of your White Oak is much greater than the value of my (dying) Ash! They took everything over 12" diameter.