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A conservation easement is a legal agreement that landowners can use to donate and protect the conservation of land. A landowner can choose to protect conservation resources with a conservation easement. If the agreement and meets tax code requirements, it may qualify as a tax-deductible charitable donation.
A real estate investor can choose to donate any land that they own, including raw land. This means that the land will be protected and cannot be developed further.
Today we’re going to share what we’ve learned about conservation easements as a tax strategy. We’ll talk about the numerous benefits, and how it can reduce your overall tax burden. If you’re looking for an interesting strategy to lower your taxes, this video is for you! While we are not experts on this strategy, our intent is to share what we’ve learned.
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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