Planting trees can not only improve your property, but they can help lower your tax liability as well.

When planting trees where the end use is commercial timber production, you can amortize those costs over an 8 year period.  From you tax liability, the first year you subtract 1/14 of your total costs.  In years 2 through 7, you subtract 1/7th of your planting expenses. Finally, in year 8 you subtract the remaining 1/14.

Remember to keep receipts for the seedlings, deer repellent, herbicides and the labor to install all of these. See your accountant or CPA for complete details.

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