You are thinking of buying or already own a wooded piece of Maine land.
And are considering for the lower property tax deduction to have a licensed forester do a management plan to come up with a plan. To save money when the property tax bills come around in your mailbox to pay. To study the health of the current timber stand, to learn what needs doing to improve the wood lot.
If you think of your woodlot as a garden of trees.
It is tree farming. Using what you have, adding more to the mix.
The same principles about thinning out the clumps of too many.
To have better spacing to maximize the growth patterns and sunlight utilization. Lots of factors about the soil, drainage, gardening practices that apply to the Maine woodlot, land acreage in pretty much the same approach.
To promote the growth of the forest for down the road return and all around timber generation.
That is the goal and with sound principles of forestry practiced, something worthwhile for a plan can be hammered out.
Put down on paper and be recorded for accountability.
To have as a guide to follow with lower taxes on the Maine land the incentive to enter it in the management program for Maine wooded land.
To maximize the investment, allow periodic selective harvesting of the Maine woodlot.
More on the tree growth tax law in Maine and early withdrawal penalties.
What to consider if toying with the idea of enrolling your Maine forestry land in a state tax reduction program.
More on, read the article about putting wooded land into a tree growth management plan program.