It’s the start of a new year, and with that comes tax time. That property tax bill probably arrived in December, and as a woodland owner you are potentially facing a larger bill than is comfortable. Many states have realized the importance of family owned woodlands for clean air and water and good paying jobs, and offer landowners incentives to manage their woods. In Wisconsin, this comes in the form of a program that reduces your tax burden in exchange for actively managing your land. The program is called Managed Forest Law, or commonly called MFL for short.
Family members are invited to participate in activities like deer hunting, and asked to help with tree planting and harvesting. But more often then not, their input is not looked for when decisions are being made regarding the management of the woodlot. Many times they are turned off by the phrase “my woods”, when they could be encouraged to be a part of the “family forest”.