Keller's story — and a close look at some of the deals he's embraced — explains a lot about the battle over
syndicated conservation easements.
Yet many
syndicated conservation easements largely represent tax shelters whereby investors who don't care about the property are just buying an income tax deduction with inflated appraisals, Small said.
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.
It's impossible to identify the precise birthplace of
the syndicated conservation easement.
Not exact matches
He defends
syndicated easements, calling them a «wonderful
conservation ploy.»
Most prominent among the renegade land - trust leaders: Robert Keller, a brash
conservation biologist in Georgia who has built an empire through
syndicated easements.