What are Conservation Easements?
Land conservation helps preserve green space for our planet for future generations by protecting it from future development. To promote land conservation and the protection of environmentally valuable areas, Internal Revenue Code Section 170 allows for a taxpayer to deduct a qualified conservation contribution made within a taxable year if the land meets one or more specific conservation purposes:
Preservation of Wildlife Habitat
Public Recreation/Educational Use
Historically Important Land or Structure
Preservation of Open Space