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If you sold the timber in an "arms length transaction" then that amount would be the fair market value of the timber. For more information, see the following web site: https://www.timbertax.org/getstarted/sales/
If you sold the timber in an "arms length transaction" then that amount would be the fair market value of the timber. For more information, see the following web site: https://www.timbertax.org/getstarted/sales/
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