Forest-Products-Sale-Contracts

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Georgia Forest Products Timber Sale Contract - Georgia

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Montana Timber Sale Contract - Montana

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Montana Forest Products Timber Sale Contract - Montana

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Nevada Forest Products Timber Sale Contract - Nevada

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Commonly Asked Questions about Forest-Products-Sale-Contracts

Does the U.S. Forest Service ever sell land?

Congress has given the Forest Service authority to enter into land exchanges with private individuals and groups. Land exchanges can be effective tools because the Forest Service has very limited authority to sell lands and limited funds for acquiring key tracts.

What is a forest product company?

The Forest Products sector includes companies engaged in growing, harvesting and processing wood and wood fiber, manufacturing pulp, paper and paperboard products from both virgin and recycled fiber, and producing engineered and traditional wood products.

How do timber sales work?

Lump-sum sales are the simplest way to sell timber. Typically, the sale is put up for bid and each potential buyer submits an offer for the designated timber. Lump-sum sales require buyers to have accurate volume estimates by species and product type to establish their bid.

How does the Forest Service sell timber?

The Forest Service sells timber and special forest products on a variety of contract and permit forms based on the complexity and/or value of the sale.

What problems has the U.S. forestry Department had to deal with?

About 80 million acres of the National Forest System across the nation are at risk from insects, disease, and wildfire. About one-third of these lands are at very high risk. We are working hard to improve the condition of these lands through active management, using every tool in the box.

Is there capital gains tax on timber sales?

Understand timber sale income and capital gains tax In most cases, your income from a standing timber sale is taxed at the favorable long-term capital gains tax rate (0%, 15%, or 20% depending on your taxable income) if you have owned it for more than 1 year.

What is a timber sale contract?

A written timber sale agreement or contract is generally the preferable and safest method of selling timber. A written contract is a legally binding document that protects both the buyer and the seller (the landowner) from misunderstandings that may develop in the absence of such an agreement.

Does the US Forest Service lose money on timber sales?

Using Forest Service budget data, the group reports Tongass timber sales over the last four decades generated $227 million in revenue but cost $1.96 billion to administer. Since fiscal year 1980, the USFS has lost approximately $1.7 billion, or an average of $44 million per year.

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