Solved
Conservation easement
We purchased property that had a conservation easement on it and we told that we should get some kind of a tax break on the land simply because of the restricted use. Is this true? What do I do to get a tax break?
Answer
June 1, 2019
As for federal taxes, the property owner who granted the conservation easement likely received a charitable income tax deduction. But there is no federal deduction for subsequent owners.
It's possible there is a state property tax or income tax deduction. Please contact your state tax agency for that information.
