With over 15,000 acres of Timberland inventory, contact Legacy Farms and Ranches for more information on our land and timber tracts.
Not Outta The Woods: Timber Investing in North Carolina
Timber farmers look for stands with varying ages to maximize cyclical cash flow.
It is true that the Raleigh-Durham-Chapel Hill area has earned the jingle “Trees, Trees & PhD’s” for a reason. Not only do we have more PhDs per square mile than any other metro area in the country, we have preserved as many trees and forests as we can in our more urban areas – through some considerable effort. We do love our trees, and we pay the price every time a big storm blows through.
Harvesting NC Timber Can Add to Bottom Line Return for Many North Carolina Land Owners
The Loblolly Pine is the state tree of North Carolina - also home to more than 400 native species of timber.
Growing timber in North Carolina can be second hand knowledge to many land owners but many out of state buyers need assistance in understanding the fundamentals of timber production here in our state. The timber industry in North Carolina provides a multi-billion dollar impact to the state’s economy, and 85% of all timber lands are privately held. This means there is a good support system for timber industry members, with well-established markets for timber products.
Bioenergy: Creative Use of Timber Property, Wood Pellets as Bioenergy
Biomass from forestry byproducts
There is an interesting upturn in the use of timber byproducts: wood pellets as an alternative fuel, or biomass. Regarding conservation easements on parts of properties where forestry isn’t feasible, North Carolina offers a tax credit of 25 percent of the fair market value of the donated property interest, up to $250,000 for individuals and $500,000 for corporations. Check with your tax professionals about how this could affect you.
Biomass is any renewable plant or plant-derived material including wood and wood refuse, animal manure, starch, sugar, oil crops already used for food and energy. Biomass has great potential to provide renewable energy for America’s future and for the world. Biomass recently surpassed hydropower as the largest domestic source of renewable energy and currently provides over 3 percent of the total energy consumption in the United States.
