| Red Bay Farm Ten Year Plan Produced with the help of the North Carolina Forest Stewardship Program In June of 2007 we met with Paul and Deanna, a forester and biologist managing the Forest Stewardship program in eastern North Carolina. The resulting 24 page plan is tailored to our objectives and provides the steps we need to take over the next 10 years to reach those objectives. |
Forest Stewardship website to sign up for the program. The whole process takes between 6 months and a year to complete. By developing a forest stewardship plan you will not only learn how to improve your forest but you may be able to qualify for "present use" tax rates versus "best use (development)" tax rates. Current use tax rates will provide a significant savings to the landowner and will help reduce overhead costs. Click here to read about North Carolina’s Forestry Present-Use Property Tax Program which explains how the program works in North Carolina. Other states have similar programs. Our property has been in a present use status for over 15 years. Investing a little time and energy can yield very significant tax savings and help preserve property that would otherwise be lost to development.
the overheads are copies of checklists from our management plan which gives a year by year checklist of actions necessary to meet our objectives. |
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