Determining Tax Basis of Timber
William L Hoover ( January, 2008 )
Summary
This fact sheet focuses on what you should do if at the time you acquired the timber, you didn’t determine the basis of the timber separately from the basis of the land underneath the timber and any other assets acquired at the same time. The law allows the basis determination to be made some time after the date of acquisition.
Details
| Organization | Purdue Extension |
| Publisher | Purdue University |
| Publication Date | January, 2008 |
| Publication Views | 10 |
| Material Type | Written Material |
Filed Under