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Casualty Loss and the Forest Landowner | Ep 07

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Manage episode 407410297 series 3559901
Content provided by Mississippi State University, Dr. Brady Self, and Dr. Shaun Tanger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mississippi State University, Dr. Brady Self, and Dr. Shaun Tanger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, we take on the difficult subject of casualty loss. This is a subject no landowner looks forward to, but planning for the worst is sound planning. Join us as we discuss what the IRS considers a casualty, how to determine your loss in the eyes of the IRS, and how best to move forward, from a Forest Tax perspective, after one occurs.

Resources:

Tips for Landowners Attempting to Salvage Hurricane Damaged Timber

For questions or comments, email us at timberuniversity@gmail.com

Be sure to subscribe directly to Timber University and follow NRU on Instagram, YouTube, Twitter, and Facebook.

  continue reading

25 episodes

Artwork
iconShare
 
Manage episode 407410297 series 3559901
Content provided by Mississippi State University, Dr. Brady Self, and Dr. Shaun Tanger. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Mississippi State University, Dr. Brady Self, and Dr. Shaun Tanger or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

In this episode, we take on the difficult subject of casualty loss. This is a subject no landowner looks forward to, but planning for the worst is sound planning. Join us as we discuss what the IRS considers a casualty, how to determine your loss in the eyes of the IRS, and how best to move forward, from a Forest Tax perspective, after one occurs.

Resources:

Tips for Landowners Attempting to Salvage Hurricane Damaged Timber

For questions or comments, email us at timberuniversity@gmail.com

Be sure to subscribe directly to Timber University and follow NRU on Instagram, YouTube, Twitter, and Facebook.

  continue reading

25 episodes

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