Sentences with phrase «by conservation easements»

At the same time, Scenic Hudson announced that farm will be protected by a conservation easement, which permanently limits development on the property except for expanded agricultural use.

In a partnership effort, this Ulster County farm will also be protected by a conservation easement, which permanently limits development on the property except for expanded agricultural use.

Not exact matches

People who put their money in these deals also need to know that the syndicated conservation easement will be most likely be audited by the IRS, and they also could be audited individually.

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.

The traditionalists are embodied by the Land Trust Alliance, a Washington, D.C., association whose dues - paying membership includes the vast majority of the nonprofit trusts that, by law, administer conservation easements.

The legislation makes permanent the temporary deduction for contributions of conservation easements by farmers, ranchers, and families.

ELY — The Bureau of Land Management has accepted the donation of a 1,316 - acre conservation easement on private lands that contains «City,» a remarkable piece of earth art under development by internationally renowned contemporary artist Michael Heizer.

Oak and Hills is one of his most famous paintings, which depicts the conservation easement over the Oak Hill Farm, the 700 acres land of farms and wilderness donated in 1985 by the Sonoma Land Trust.

By acquiring a conservation easement on this land, Scenic Hudson and CLC have ensured its permanent availability for agricultural use and that it will always remain affordable for farmers.

The purchase adds to the 122 acres previously protected on Mount Merino through conservation easements by the Columbia Land Conservancy.

No specific changes were made to IRC section 170 (h) regarding gifts of conservation easements or to the «enhanced» tax deduction for gifts of conservation easements (designed to encourage conservation easement donations by enhancing the ability of «land rich, cash poor» taxpayers to claim a tax deduction for such gifts).

Benefits farmers and other landowners by providing estate tax relief for conservation easements.

Our bill provides tax relief to farmers and other landowners by amending estate tax rules for conservation easements through an increase in the maximum exclusion amount to $ 2 million and increasing the base percentage to 60 %.

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.