Land Protection Info for Landowners
Conservation Tax Incentives Available Through 2011
The federal government has long provided tax incentives for landowners who donate a conservation easement on their land to a land trust like GTRLC. These incentives are recognition of the public benefits that conserved lands provide, such as clean water, wildlife habitat, and beautiful scenery.
The federal government has long provided tax incentives for landowners who donate a conservation easement on their land to a land trust like GTRLC. These incentives are recognition of the public benefits that conserved lands provide, such as clean water, wildlife habitat, and beautiful scenery.
A bill passed late last year extended through the end of 2011 a set of enhanced incentives for those who put a conservation easement on their land. These enhanced incentives allow landowners to benefit by, among other things, extending the period over which a tax deduction may be spread.
Unless Congress takes further action this year, the rules will revert to their earlier, more restrictive, approach.
Additional Information
Please contact Matt McDonough, Director of Land Protection (231) 929-7911 or matt@gtrlc.org to learn more.
