Donate a Conservation Restriction
By donating a conservation restriction to Wildlands Trust you can permanently protect your land and may receive significant federal tax benefits. Conservation restrictions limit specified future uses of the land, such as development, but allow you to maintain ownership, management, and the right to sell your land or pass it on to heirs. Throughout the United States, conservation agreements are used to protect over a million acres every year!
The tax incentive, which applies through December 31, 2011 and is retroactive to January 1, 2010, raises the income tax deduction a landowner can take to 50% of their income in any year. Farmers and ranchers can deduct up to 100% of their income and the donors can now take these deductions for 16 years. Previously, landowners could take only a tax deduction equivalent to 30% of their income in any year for 6 years. This enhanced incentive is an opportunity to save the special places in Southeastern Massachusetts before it’s too late. Contact Scott MacFaden, Director of Land Protection at smacfaden@wildlandstrust.org |