Tax Tips for Forest Landowners for the 1997 Tax Year
The long term capital gains rate has been reduced significantly--if you sold your timber at the right time and you met the correct holding period requirements. These new rules, plus the information that follows, are some things to keep in mind.
The link address is: http://warnell.forestry.uga.edu/service/library/index.php3?docID=237&docHistory%5B%5D=6&docHistory%5B%5D=25