Get the free Timber Sale Schedule Handbook

This handbook provides essential information for bidders participating in timber sales conducted by the Oregon Department of Forestry, including bidding procedures, contractual obligations, and compliance

How to fill out timber sale schedule handbook

How to fill out Timber Sale Schedule Handbook

1. Obtain the Timber Sale Schedule Handbook from your local forestry office or online resource.
2. Review the introduction section to understand its purpose and guidelines.
3. Fill in the basic information, including sale name, location, and date.
4. List all timber types and their volumes, ensuring accuracy with measurements.
5. Include estimated revenues and costs associated with the timber sales.
6. Outline any required permits or environmental assessments that need to be completed.
7. Provide a timeline for the sale process, including advertising and bidding dates.
8. Review the completed schedule for completeness and compliance with regulations.
9. Submit the Timber Sale Schedule to the relevant authorities for approval.

Who needs Timber Sale Schedule Handbook?

1. Forestry professionals and managers involved in timber sales.
2. Landowners looking to sell timber resources.
3. Government agencies overseeing forest management and timber sales.
4. Consultants assisting landowners in timber sale processes.

People Also Ask about

Is selling timber profitable?

Selling timber directly to a sawmill can be very profitable—the exact amount of profit per acre depending on factors such as the quality and quantity of the timber, the current market conditions, and the terms of the sale agreement.

What timber brings the most money?

Walnut trees are always one of the most demanded trees in the wood industry. Oaks, maples, cherry, and ashes are also valuable trees. A high-quality veneer tree with a large diameter can be worth a lot but they are rare. A common rule is the bigger the log, the more it is worth.

How many acres do you need to sell timber?

Timberland. A minimum of 10-20 acres is typically needed to contract a logging company to harvest your timber. Modern, efficient logging operations require high capital investments in equipment and harvesting low volumes on small acreages is usually not financially feasible.

How much money can you make with timber?

An acre's value depends on your specific stand and market conditions. Based on 2022–2024 averages: A 100-acre plantation in the US South at 26+ years might yield $211,100–$227,500 from a clearcut.

How profitable is the timber industry?

Economic Significance The U.S. Forest products industry generates $288 billion annually (approximately 4 percent of the total U.S. manufacturing GDP). Approximately 950,000 people are employed in the U.S forest products industry with a payroll of approximately $50 billion annually.

Is income from timber sales taxable?

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.

How do you record a sale of timber?

How to report sale of lumber using Capital Gains - Schedule D: You may receive income by cutting timber and opting to treat that cutting as a sale, or by disposing of standing timber, which is known as stumpage. In this case the income is treated as a Capital Gain and is reported by the taxpayer on their Schedule D.

How to do a timber sale?

Overview Think about what you want for and from your property. Talk to a professional forester. Determine appropriate silvicultural practices. Identify property and timber sale boundaries. Talk to adjacent landowners. Develop a harvest plan. Develop a detailed written timber sale contract. Market your timber resource.

For pdfFiller’s FAQs

What is Timber Sale Schedule Handbook?

The Timber Sale Schedule Handbook is a document used to outline the schedules and details for timber sales on public lands, including regulations and procedures for harvesting timber.

Who is required to file Timber Sale Schedule Handbook?

Individuals or organizations involved in the sale of timber on public lands are required to file the Timber Sale Schedule Handbook.

How to fill out Timber Sale Schedule Handbook?

To fill out the Timber Sale Schedule Handbook, one must provide information regarding the timber sale, including location, volume of timber, sale dates, and any required permits or compliance with regulations.

What is the purpose of Timber Sale Schedule Handbook?

The purpose of the Timber Sale Schedule Handbook is to ensure proper management, compliance, and transparency in the timber sale process, protecting public resources and facilitating organized sales.

What information must be reported on Timber Sale Schedule Handbook?

Information that must be reported includes the estimated volume of timber, sale location, proposed dates, compliance with environmental regulations, and any necessary permits.