Tax Deductions and Depreciation

Landowners who can demonstrate a profit motive``can deduct 1) capital costs (which form the cost``basis of the property); 2) currently deductible``expenditures for man agement and protection; 3)``costs of sale.``expenses can be recovered when the timber is sold.

The link address is: http://www.state.tn.us/agriculture/forestry/lit/43.pdf