No Shana this morning
Being accountable - create a routine, a habit
Topic for today
Conservation Easement
Montana Land Reliance - non-profit entity in the state of Montana 1978. Their goal is to help conserve land for property owners and give tax benefits.
If you own a piece of land, there are different ways you can use it, residential, commercial, others. There is a complete value that the property will be worth in an appraisal basis.
100 acres - zoning allowed you to put 1 residential unit per acre = 100 units
If you voluntarily restrict yourself and only put in 1 property in 100 acres and lessen the viability of the lot, you will have a tax reduction- perpetual on this property.
You are conserving resources, making others more valuable. - Appraisal on your property.
Tax credit - it will go against your income AGI ( adjusted gross income)
Conservation easements - pictures with information - restrict your property - get tax benefits
More bundles - more tax bundles
It is very beneficial when you have large pieces of land and in scenarios where people want to remain private and are ok with these restrictions.
You will need an experienced appraisal who can guide you through the process.
That's a Wrap
Conservation Easement - we understand and can assist you. This is applicable in Texas and other states in the USA.
Agent meetings today