Tuesday, May 27, 2008

Firewood prices and excise taxes

Talked with a local guy who buys firewood by the log truck load. Has his own self-loader, needs the logs decked and ready to load.

He pays $10 per cord. A short-log load is about $70. We didn't get into whether his truck would make it in and out of our property.

I had heard figures from last year, of $350/short log load and $500/long load of firewood. Maybe they were wrong.

I still need to figure out the tax liability, if any, for selling logs or giving them to the logger. At $10 a cord, it's possible we could end up owing more in taxes than we collect in revenue.

Two more firewood buyers to talk to...

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