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What are the tax benefits associated with land conservation?

April 26, 2017associated Benefits conservation land tax

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What are the tax benefits associated with land conservation?

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Landowners who choose to donate land or development rights, or sell property to ALC at a price below its appraised fair market value may be eligible for tax benefits. Tax benefits depend on a variety of factors, including the value of the donation, income level of the donor and the total value of the estate. Interested landowners should consult with a financial advisor and/or an attorney to fully understand these tax implications. ALC offers more information about Conservation Tax Incentives here.