Valuing a conservation easement
2009 June 22
If you are in the mood to get a tax deduction for donating a conservation easement, (or any real estate for that matter) valuation is a substantial concern. The Tax Court just issued a decision that outlines in great detail how it looks at valuation in cases where there isn’t comparable sales data:
Kiva Dunes Conservation v. Commissioner
It’s a good look into how the Tax Court evaluates the valuation opinion of experts.
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