Friday, March 13, 2015

Conservation Easement Authorizing Limited Swaps Not Perpetual Under § 170(h)

Originally published by Nonprofit Blogger.


In Balsam Mountain v. Commissioner, T.C. Memo. 2015-43, that Tax Court held that a conservation easement that authorized the parties, for a period of up to 5 years, to remove up to 5% of the land from the easement in…


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