Posts Tagged ‘conservation easement’

Valuing a conservation easement

Monday, June 22nd, 2009
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.