If you know of underutilized land in your community that you would like to see turned into parkspace instead, we want to talk to you.
If you are a landowner looking to reduce your tax burden while contributing to the betterment of the local community and environment, please reach out. We can offer valuable incentives through either our Land Donation or Conservation Easement Programs.
LandWhere the public sector lacks the finances or ability to build and maintain the greenspace that the community dreams of, and the environment desperately needs - Life After Life is here to step in. As it stands today, 100 million people in the United States, including 28 million kids, don’t have access to a park within a 10-minute walk of home. This nature deprivation has tangible quality-of-life implications for those who inhabit the surrounding community.
By donating your real estate to Life After Life, not only do you give back to the earth and future generations, but you also get to enjoy a variety of benefits over an attempted sale:
For more information please consult the Internal Revenue Service’s website or talk to a tax professional.
Landowners who donate a conservation easement meeting federal requirements as a charitable gift may be eligible to take a federal income tax deduction for their gift and claim a state income tax credit. It is a landowner’s responsibility, with the advice of their attorney or tax advisor, to ensure compliance with all federal and state tax law requirements.
Conservation easement donors may deduct up to 50% of their adjusted gross income from their federal income taxes the year the gift is made in addition to fifteen carry forward years (for a total of sixteen years) or until the value of their donation is fully deducted, whichever comes first. Qualifying farmers and ranchers who donate a conservation easement can deduct up to 100% of their adjusted gross income and are eligible for the same carry forward period.
For more information please consult the Internal Revenue Service’s website or talk to a tax professional.
The information provided in this document is for general information purposes only. This information is not intended to be relied upon as legal advice.
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