Real Estate & Investment
Real Estate & Investment
Selling Lifestyle & Rural Properties in Northern Wisconsin
Real estate services helping clients buy and sell a variety of lifestyle, country and rural property are offered through our real estate brokerage, United Country Real Estate | Northern Wisconsin Lifestyle Properties. Â Â
From our brokerage in Parks Falls, Wis., our talented real estate team provides expertise in lake homes, hunting and fishing properties, timberland, single-family homes and other related real estate. We’re here to cover your property needs primarily across Price, Oneida, Iron, Vilas, Bayfield,  Ashland and Sawyer counties … along with surrounding areas in the region.
As longtime specialists in lifestyle, country and rural real estate – such as waterfront vacation properties, country homes with acreage, land for hunting and recreation, private buildable lots and more – we embrace and cherish what these properties offer. Our office can tell you everything you need to know about Northern Wisconsin and the unique value and potential of every property type in the area.
As part of the century-old United Country Network, our office has access to innovative marketing and advertising technologies, such as UC Hunting Properties powered by Realtree, ongoing training, a large proprietary buyer database and much more. Ultimately, we want every client to feel well-informed and left with peace of mind once the sale closes. Choose United Country | Northern Wisconsin Lifestyle Properties as your trusted real estate partner, and connect with us soon. We look forward to meeting you.
Cost Basis Establishment
The most costly mistake the vast majority of new forestland owners make is not establishing their cost basis once the purchase of their property has closed.
Basis is used to determine net taxable income from sales of property or timber. Forest owners who sell timber do not pay tax based on gross proceeds. They pay tax (generally at the long-term capital gains rate if property is owned long enough) on the net taxable income. Net taxable income equals gross proceeds minus sales expenses and minus the basis in the property or timber. Subtracting basis from gross proceeds is called basis recovery, and it can reduce taxes significantly when timber is harvested.
Landowners working with a consulting forester and CPA can establish their basis and save significantly on their tax liability when timber or property is sold.
TimberLand Investment
Purchasing land as a recreational or investment property is a great way to diversify your investment portfolio, hedge the market and experience the tangible benefits from being able to actively use the property. Not all land is the same, determining value, return on investment and its highest and best use relative to alternate investments can be extremely complicated. Our knowledge in real estate and forest finance provides prospective investors with comprehensive investment performance analysis & local insights so wise land investment decisions can be made.