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For black walnut - there's a spot that I've seen that does this. Not too large, but its been there for about 30 years. https://www.google.com/maps/@43.1517879
by shagie 5y ago
For black walnut - there's a spot that I've seen that does this. Not too large, but its been there for about 30 years. https://www.google.com/maps/@43.1517879,-89.6032561,3a,75y,31.96h,93.99t/data=!3m7!1e1!3m5!1skOE3WKW3FPL2c8lDSovv9A!2e0!6shttps:%2F%2Fstreetviewpixels-pa.googleapis.com%2Fv1%2Fthumbnail%3Fpanoid%3DkOE3WKW3FPL2c8lDSovv9A%26cb_client%3Dmaps_sv.tactile.gps%26w%3D203%26h%3D100%26yaw%3D48.56889%26pitch%3D0%26thumbfov%3D100!7i16384!8i8192 https://www.google.com/maps/@43.1517879,-89.6032561,3a,75y,3...
That plot is (measuring, mathing)... about 3 acres. https://www.profitableplantsdigest.com/growing-walnut-trees-for-profit/ https://www.profitableplantsdigest.com/growing-walnut-trees-... puts it at $100k/acre.
> For those with time and patience, a living legacy of walnut trees can be a priceless gift for children and grandchildren. According to professional timberland investors, the average return from a stand of walnut trees is 14 percent a year, with no taxes due until harvest. That beats returns on bonds, stocks and most other investments handily, and with intercropping, growers can even produce an income while the walnut trees continue to grow.
- Spooky23 5y agoYes, and if you’re rich, there are many ways that you can leverage tax incentives and trusts to create perpetually tax free investments. Unfortunately, US tax law is creating a new feudal aristocracy, with food production shifting to latifundia like models, and the aristocrats wielding tax exempt dynastic wealth. Even for normal people, some of these properties, especially defunct dairy farms are tragically cheap and not too polluted. My dad bought one for hunting and fishing purposes when he retired and made a modest income by leasing the land for hay. Not much, but enough to pay the taxes.
- zokier 5y agoIsn't this just traditional ugly mono-culture forestry?