Most people only do one conservation easement in their lifetimes. It can be an overwhelming process- from figuring out how to begin, who to work with, and what steps need to be taken. Conservation Partners' expertise will help you each step of the way, including selling tax credits so that you get cash in your pocket. By working with us to avoid mistakes in the process, Conservation Partners can save you money!

Give us a call or send us an email. We'll set up a time to chat about your land and how a conservation easement could work for you.

Conservation easements can provide landowners with a variety of financial benefits including Virginia Land Preservation Tax Credits (which can be sold for cash), a federal charitable income tax deduction, estate & gift tax benefits, and local real estate tax deductions. Federal tax deduction: The federal income tax deduction, generally equal to the value of the easement, can be used to reduce the donor’s adjusted gross income by up to 50% per year for sixteen years or until it’s used up. Qualifying producers (who receive more than 50% of their gross income from "the trade or business of farming") can reduce their adjusted gross income by up to 100% per year for sixteen years. State tax credits (transferrable): The state tax credit, generally equal to 40% of the value of the easement, can be used to offset the donor’s Virginia income tax liability dollar-for-dollar, and any unused credit can be sold to other Virginia taxpayers. Estate & gift tax benefits: The donation of a qualifying conservation easement will not have gift tax consequences and will remove the value attributable to the easement from the donor’s estate for estate tax purposes. If certain requirements are satisfied, up to an additional 40% of the after-easement value of the land may be excluded from a landowner’s estate for estate tax purposes (subject to a $500,000 maximum). Local real estate tax reduction: By state code, county real estate assessments must consider if your conservation easement has lowered the market value of your land. This doesn’t guarantee a lower real estate tax bill, especially if your land is already enrolled in a land-use program and taxed at farm or forestry use value. However, some counties do offer substantial real estate tax relief for conservation easement properties, and protecting your land can make it more easily qualify for a lower assessment through land-use taxation. Benefits realized by easement donors will vary depending on the donor's particular financial and tax situation.

While restrictions vary based on the terms agreed upon by the landowner and the holder, they are designed to limit development for residential subdivision or harmful commercial uses protect the conservation values of your land. Restrictions can include: -the number of times a property can be divided -the location of future building sites -the amount of impervious surface permitted -timber management -riparian buffers to protect the water quality of streams

Conservation Partners starts accepting bids at .88 cents on the dollar. For current market prices, reach out to info@conservationpartnersllc.com.

Yes! Please reach out to us to discuss the easiest way to send us your clients' information to complete credit purchases.

Two reasons: You want to realize savings on your state income tax obligation. You want to support land conservation.