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Grant of Conservation Easement from Husband and Wife Ohio Form

Grant of Conservation Easement from Husband and Wife Ohio Form

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if you or your family has land that you never want to be developed there's potentially a very lucrative tax incentive available to you it's called a conservation easement so the government created these a long time ago to keep Farmers from selling their land to developers theoretically if that happened enough the country would be at risk of running out of Farmland so what they do is they will give you a tax incentive equal to the difference between the current land value and what that would be valued at if it were to be developed so if your land is worth five million dollars today but if it were to be developed it would be worth 15 million dollars you can get a tax incentive equal to that difference 10 million dollars so you would not pay taxes on the next 10 million dollars that you make you need to find a very highly skilled person who's done these in the past the devil is in the details need all the eyes dotted and the t's crossed but these can be ext

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