Question

Legal Writing

Under the Internal Revenue Code, landowners may receive a tax deduction equal to the donative value of a conservati easement (i.e. the portion for which they are not paid in cash)Which feature of a conservation easement qualifies such for a tax deduction?

a. duration in perpetuity

O b. reduction in the land value by over 50%

O c. the tract is aesthetically pleasing

O d. the cash portion of the conservation easement value must exceed 50%


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