Joint venture forestry describes an agreement between two or more parties to share in all expenses, control, and revenue of a forestry venture. There can be many benefits associated with joint ventures in forestry, such as tax deductions, less capital, permanent on-site care, and risk-spreading potential.
When you consider a joint venture, you also have many options at your disposal, such as:
- Buying a piece of land and planting it
- Buying shares in a listed forestry company
- Buying units in a land-owning forestry partnership
- Contract forestry rights
We aim to provide you with all the information you need to make an informed decision about the best joint venture for your needs. Contact BlackmanSpargo Rural Law today to learn more about how joint venture forestry agreements work so that you can make your decision with confidence