Timber University - Casualty Loss and the Forest Landowner | #135

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