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In western Oregon, because of the wet climate and high
rainfall that occur during the winter months, owners of timber
farm property with main roads running through it that are "in
place" and “hardened off” --- which takes a year or two after
construction -- have a significant marketing advantage because
they are able to cut and harvest timber on their property in
winter and on short notice, and can thereby take better advantage
of short or sudden swings in the price of cut timber.
Accordingly, after purchase of the timber farm, petitioner
made a particular effort to improve the roads on the timber farm.
Petitioner incurred many expenses and hired employees to repair
and improve the existing roads and to construct new roads so as
to be in a position, in subsequent years, to cut and harvest
timber on the timber farm on short notice and thereby take
advantage of favorable prices for cut timber.
Petitioner also initiated construction of a large new
building for a machine shop and installation of a mobile unit and
related water system.
Rather than hire expensive contractors to come onto the
timber farm to perform the many repair, improvement, and
construction projects that petitioner initiated, petitioner
himself designed and performed much of the work on the timber
farm. Petitioner himself often operated graders and other heavy
equipment on the timber farm in repairing and improving the
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Last modified: May 25, 2011