Sentences with phrase «as conservation easement»

If the property contributed as a conservation easement is not a capital asset and gives rise to ordinary income, the taxpayer can take a deduction equal to the fair market value (FMV) of the property less any gain that would not have been long - term capital gain if the property had been sold at the time of the conservation easement contribution.

The former Millstone golf course near Greenville, S.C., whose value rose by a factor of eight when it was donated as a conservation easement.

They're known as conservation easements.

Not exact matches

That's traditionally how what are known as «conservation easements» worked.

He is involved as a funder and advisor to many local environmental groups, particularly land trusts involved with protecting land through purchase or conservation easement.

For a donated easement to be qualified as a conservation contribution, it must be made to a qualified organization that serves the purpose of the donation and is able to enforce the easement's restrictions.

12.15.2016: As reported in the Las Vegas Review Journal and Elko Daily Free Press, the U.S. Bureau of Land Management has accepted a conservation easement protecting Heizer's monumental artwork, City.

Since moving to the Upper Valley, John has served as a UVLT volunteer in collecting documentation relating to land conservation projects, and has recently participated in stewardship training and in visitation and monitoring of parcels of Upper Valley land that are currently under conservation easement.

Scenic Hudson purchased the conservation easement with funds from its Lila Acheson and DeWitt Wallace Hudson Valley Land Preservation Endowment as well as monies from the USDA's ALE Program and The 1772 Foundation.

COPAKE (COLUMBIA COUNTY)-- Scenic Hudson and the Columbia Land Conservancy (CLC), with support from the USDA - Natural Resources Conservation Service (NRCS) Agricultural Conservation Easement Program - Agricultural Land Easement (ALE) component, Equity Trust and The 1772 Foundation, recently collaborated with the Kiernan and Sullivan families to protect 350 acres of high - quality farmland — the heart of their farm operations, known as Walt's Dairy.

Additionally, Equity Trust's Hudson Valley Farmland Affordability Program funded a Pre-emptive Purchase Right (PPR) as part of the conservation easement.

Kevin has extensive experience advising Timberland Investment Management Organizations in all aspects of timberland projects, including, acquisitions, dispositions, timber deeds and leases, long - term supply agreements, conservation easements and carbon sequestration projects, as well as financing related to these projects.

Under these easements, land owners voluntarily give an environmental organization or government entity a nonpossessive interest in property for conservation purposes such as the protection of a natural habitat or preservation of a forest or farmland.

«Conservation easements don't usually involve granting physical access to a property as do other easements,» Blaesser said, but rather exist for some sort of public benefit.

Exchanges are also used to further environmental protection objectives, such as through swaps involving conservation easements to preserve habitat and prevent future development.

In the years to come, usable land may become even scarcer due to increasing regulations of federal agencies, such as the EPA, and the acquisition of scenic areas by non-profit environmental groups seeking outright ownership or conservation easements.

He is now employed as Agriculture Specialist with Foothills Land Conservancy serving all of KY, TN, AL, GA, NC, SC, and VA protecting farms and forests forever from development as the organization, and he is now involved in overseeing 90,000 acres under conservation easements on 190 properties.