Hunting Land Easement

 Land owners (a multiple member LLC) had owned 1,285 acres for over 15 years.  They used it for private hunting and fishing.  Their goal was to protect this land and gain tax benefits.

  • We selected 1,100 acres to be placed in the easement
  • We selected 5 one acre out parcels for potential future development
  • We looked at potential subdivision development, industrial park, shopping center and equity hunting club membership
  • We qualified the conservation purpose under two different categories
  • We prepared all the baseline documentation, mapping, appraisal and easement documentation and selected a land owner friendly land trust

In the end, the owners could still hunt, fish, timber, grow crops or livestock or sell the land.

They gained a Federal tax deduction of $4,950,000 to be divided between the 6 members by proportionate distribution and a State of Georgia $1,000,000 tax credit.

 

The easement preserved 1,100 acres of wetlands and forest habitat for deer, turkey, wild boar and quail.

 

Resort Development Easement

 

A group of developers purchased an existing golf course, that was losing money, and held it for over one year.  Their goal was to close the course and turn it into a park and develop around it.  We worked with them to reconstruct the park into its natural form.

  • We carved out the major portion of the old golf course to go into the easement, 96 acresWe allowed him the reserved right to construct nature friendly structures
  • We used the potential subdivision as our model for “highest and best” use
  • We qualified the conservation purpose under three different categories
  • We prepared all the baseline documentation, mapping, appraisal and easement documentation and selected a land owner friendly land trust

The developers were able to use the park as a sales tool to enhance his development.

The developers and their partners gained a Federal tax deduction of $5,300,000 and set this development apart from the others around him with the large open space.

 

The easement replaced a dilapidated golf course and restored 100 acres into a natural park for public use.

 

 

Urban Land Development

A partnership of 5 members had owned approximately 265 acres located 30 minutes outside the city limits of one of Florida’s largest metro areas.  This land adjoins a major National Park.  They wanted to keep 50 acres out for a family compound and to protect the balance.

  • We helped them select the best 50 acres for their compound and place the balance into the easement.
  • We located 2 one acre outparcels for future development in the easement.
  • We considered subdivision potential, and equestrian center, a hunting camp and finally decided on a mobile home park as the “highest and best use”
  • Being adjacent to the National Park we had no trouble establishing the conservation purpose
  • We prepared all the baseline documentation, mapping, appraisal and easement documentation and selected a land owner friendly land trust

The members were able to protect their compound and the land surrounding them.

They were able to share in a Federal tax deduction of $21,75,000.

 

The easement preserved a natural transition area for the wildlife between the National Park and the neighboring land owners. 

 

 

Beach Front Property

 

Developer had property located on the Alabama Gulf Coast.  He had built several condo towers on his property located back from the beach front.  He decided that he did not want to build any additional structures but rather leave the land along the beach front protected.  This area was one of the strongest multiple family markets along the coast.

  • We helped him select the best configuration for the balance of the 95 acres of land for the easement
  • We selected two small outparcels for future development
  • We selected a development plan that matched what he had already done as our model
  • We were able to determine two separate conservation purposes
  • We prepared all the baseline documentation, mapping, appraisal and easement documentation and selected a land owner friendly land trust

The developer and his investment partners were able to secure a Federal tax deduction of $28,600,000.

 

The easement preserved a nesting area for the endangered beach mouse.

 

 

Large Land Tract Easement

Family owned a large tract, 42,000 acres, located in the upper grass lands of New Mexico which had been in the family for several hundred years.  Their desire was to preserve a portion of the land as a park to maybe donated to the State.

  • We worked with them to select the best potential use of the land to be held and the part for a potential park.  We selected approximately 39,750 acres for the easement
  • We selected ten outparcels of varying size for future development, they ranged from 5 acres to 200 acres in size
  • We determined that the economic value of this land was the market value of the contribution value to the State of New Mexico
  • This land held multiple conservation purposes as upper grass lands
  • We prepared all the baseline documentation, mapping, appraisal and easement documentation and selected a land owner friendly land trust

The family was able to generate a Federal tax deduction of $13,912,000 and the honor of donating this high grass land tract to the State.

 

This easement helped to prepare the land for donation to the State for a public park.

 

Specific Use Land Easement

 

Land owner purchased a ranch in the mountains of Wyoming for a second home and family retreat.  This property was located on a major trout stream in the area.   His desire was to be able to use the land for viewing and raising horses.

  • We were able to divide the land so that he could do both and still reserve a portion out for future development of a family compound
  • We allowed him the right to reserve 4 one acre outparcels within the eased area
  • Since this property was located fairly close to a major mountain town we were able to use a combination subdivision and retail values for the highest and best use
  • This land was considered as “treasured land” by the local land trust that holds the easement
  • We prepared all the baseline documentation, mapping, appraisal and easement documentation and selected a land owner friendly land trust    

The land owner was able to enjoy a Federal tax deduction of $1,450,000.


This easement preserved the public view of the transition land between the river the “Bad Lands” of the high plains.