Tax considerations associated with different types of forest ownership

  • Authors: Siegel, William C.
  • Publication Year: 2004
  • Publication Series: Scientific Journal (JRNL)
  • Source: National Woodlands 27(2): 22-24


How expenses and income associated with woodland ownership are treated for tax purposes depends on the reason for owning the property, the use being made of it, the owner's taxpayer classification with respect to the property, and the nature of the income or expense item in question. For example, property tax payments can always be deducted by individual taxpayers because they are included in the allowable itemized deductions for individuals. It doesn't matter whether the land is being held for the production of income or not.

  • Citation: Siegel, William C. 2004. Tax considerations associated with different types of forest ownership. National Woodlands 27(2): 22-24
  • Posted Date: January 1, 2000
  • Modified Date: August 22, 2006
  • Print Publications Are No Longer Available

    In an ongoing effort to be fiscally responsible, the Southern Research Station (SRS) will no longer produce and distribute hard copies of our publications. Many SRS publications are available at cost via the Government Printing Office (GPO). Electronic versions of publications may be downloaded, printed, and distributed.

    Publication Notes

    • This article was written and prepared by U.S. Government employees on official time, and is therefore in the public domain.
    • Our online publications are scanned and captured using Adobe Acrobat. During the capture process some typographical errors may occur. Please contact the SRS webmaster if you notice any errors which make this publication unusable.
    • To view this article, download the latest version of Adobe Acrobat Reader.