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It is also likely a tax thing. It's very common for the rich to buy wilderness land in exchange for lowering taxes. The rule is basically, you own the land but
by kilroy123 9y ago
It is also likely a tax thing. It's very common for the rich to buy wilderness land in exchange for lowering taxes. The rule is basically, you own the land but you can't do any development on it.
https://www.landtrustalliance.org/news/syndication-conservation-easement-tax-deductions https://www.landtrustalliance.org/news/syndication-conservat...
- anigbrowl 9y agoBest answer, thanks