There are significant financial benefits available to landowners who agree to protect their land with a conservation easement including a deduction for federal income taxes and a credit for state income taxes. In addition, there is property tax credit and possible federal estate tax exemptions. Agreeing to protect your land in the form of a Deed of Conservation Easement can be considered a non-cash charitable gift by the Internal Revenue Service (IRS). A qualified appraiser must establish the value of the easement which is then used to calculate some of the tax benefits.
Contact Open Space Conservation - Property Tax Benefits
100 Community Place
3rd Floor
Crownsville, MD 21032
Toll Free: 877-620-8367
Service Area
National Program
