ncCPAp on the GO!

Sales of a Conservation Easement

  • 1.  Sales of a Conservation Easement

    Posted 24 days ago

    I have a client who sold a land conservation easement related to his farm.  There is all kinds of information related to a donation of an easement, which I have handled previously, but nothing on a sale of an easement.  I am specifically looking for guidance on how to allocate the original land cost to the basis on this sale.  Any help or guidance would be appreciated.

     

    Richard Kart, CPA

    CPA Services, P.C.

    1133 Rte 55 Ste A

    Lagrangeville, NY 12540

    845-473-7964

    (F) 845-473-8819

    rkart@cpaservicespc.com