Skip to content
GeoDataVision
Thread Options
#2164008 - 02/11/18 09:49 PM Reforestry Operation
bOaty Offline
Power Poster
bOaty
Joined: Aug 2006
Posts: 4,266
Chillin an grillin
I have a loan to a reforester. They do not own the land, they operate under government contracts to reforest areas where the trees have been harvested.

Would this be considered a farm loan? It's not technically a forestry so I'm not sure what to do with this one.
_________________________
HMDAHMDAHMDAHMDAHMDAHMDA

Return to Top
CRA
#2164086 - 02/12/18 05:31 PM Re: Reforestry Operation bOaty
RR Jen Offline
Power Poster
RR Jen
Joined: May 2003
Posts: 3,759
Running and riding everywhere ...
Are the tress being planted done so with the intent to harvest again someday? So actual timber production? or just to repopulate the forest and let it grow? Where does the revenue come from? Trees harvested or government contracts/grants?

If it's the production side, I'd argue ag purpose. If it's the other...I'd go with business.
_________________________
I don't need any more negativity in my life...be positive and helpful people or I will kick you in the shins!!!

Return to Top
#2164096 - 02/12/18 06:26 PM Re: Reforestry Operation bOaty
bOaty Offline
Power Poster
bOaty
Joined: Aug 2006
Posts: 4,266
Chillin an grillin
I have no idea what the intent is, it's being planted on government owned land so I doubt they even know what their future plans are! wink

The revenue comes from government contracts and not from timber sales or anything like that.

I see your logic and it makes sense.

Thanks, Jen!!!
_________________________
HMDAHMDAHMDAHMDAHMDAHMDA

Return to Top
#2164123 - 02/12/18 07:40 PM Re: Reforestry Operation bOaty
RR Jen Offline
Power Poster
RR Jen
Joined: May 2003
Posts: 3,759
Running and riding everywhere ...
Anytime, bOaty! smile
_________________________
I don't need any more negativity in my life...be positive and helpful people or I will kick you in the shins!!!

Return to Top