CCE videoconference looks at stewardship of private forestland

Private forest landowners throughout New York may have several opportunities to obtain more income from their property, but they need to learn which strategies best fit their circumstances. National experts will present perspectives for landowners on strategies they can use to take control over the revenue potential of their private lands and reduce their tax burden, during a satellite videoconference April 15.

Cornell will offer a broadcast of the videoconference from 9 a.m. to noon.

In addition to presentations by forest landowners, expert speakers will discuss which personal attributes landowners need to consider before undertaking a new enterprise; an introduction to strategies for reducing federal income tax burden and an overview of a forest landowner income tax web page; a look at ginseng and several other examples of private forestland enterprises; and a description of what landowners need to consider when planning for the ultimate transfer of their estates.

Landowners wishing to participate should contact their local office of Cornell Cooperative Extension or call 272-2292. A field-based follow-up session is planned through the Tompkins County Cooperative Extension office and the New York Forest Owners Association. Sites wishing to downlink the videoconference should contact Deanna Owens at Cornell at 255-2814. Co-sponsors of the videoconference include Cornell Cooperative Extension, the New York Forest Owners Association (NYFOA), Pennsylvania State University, University of Maryland, Rutgers University, the University of New Hampshire and the University of Connecticut.