Get Growing Blog

Profit from the Woods 

September 29, 2021


Some key questions that will help you determine management actions: Have I spoken to a consulting forester?

(hint… if you are considering selling timber, this is an absolute must to get a fair price and ensure the well-being of your forest!). What am I hoping to leave behind after a timber harvest? Do I need to consider cutting trees, or can I profit from my land in another way? 

Some ways to earn income from the woods: 

  • Permitting hunting or foraging 
  • Harvesting timber sustainably 
  • Cultivate and sell non-timber forest products 
  • Maple syrup 
  • High-value edible or medicinal mushrooms 
  • Ginseng, Black Cohosh or other medicinal forest plants 
  • Firewood 

Some ways to OFFSET the costs or taxes of land ownership: 

  • Cost-share programs such as EQIP (Environmental Quality Incentives Program) offered by NRCS (Natural Resources Conservation Service) 
  • Tax relief programs such as OFTL (Ohio Forest Tax Law) or CAUV (Current Agricultural Use Value) 

The following resources are for those who want to manage their woods for income: 

“What should I know about Ohio forests and forestry?” 

“What should I consider before launching into management?” 

Ask yourself a few key questions about your goals and the land to help you get off on the right foot. Should you choose to speak to a natural resource professional about creating a management plan for your property, your answers to these questions will assist in the planning process. 

  • How much wooded acreage do you have? Are the boundaries marked? This is a good first step. There are some professionals ( who do this, but if you want to do it yourself, check out your county auditor’s website, or even use Google Earth to help walk your property and mark boundaries: Marking Property Lines 
  • What is the history of your property, and what was the past land use? How old is the forest? We can’t plan for the future without knowing the past! 
  • What are the unique features of your property that you treasure? 
  • What are your existing resources and constraints? This includes the money, time, or physical limitations you have for management activities. 
  • What are your long-term goals for the woods? What do you want for the forest in the future? 

For more, check out, an American Forest Foundation webpage for landowners seeking to get more out of the land they love. 

If you are interested in how to take care of individual trees, please check out our HF&G Tree Care Toolkit 

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