Transcription of Conservation Easement Audit Techniques Guide
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Conservation Easement Audit Techniques Guide Revision Date January 24, 2018. Note: This document is not an official pronouncement of the law or position of The National Register of Historic Places the Service and cannot be used, cited, or relied upon as such. This Guide is current through the publication date. Contents Chapter 1: Introduction to Conservation 5. Statement of Purpose .. 5. Overview .. 5. Getting Started .. 6. Definition of Conservation Easement .. 6. Tax 7. Chapter 2: Statutory Requirements for All Charitable Contributions .. 7. Overview .. 7. Charitable Contribution Definition .. 7. Real Estate 8. Partial Interest Rule.
The value of a conservation easement must be determined in a qualified appraisal prepared and signed by a qualified appraiser. The value of the contribution is the fair market value (FMV) of the conservation easement at the time of the contribution. To the extent there is a substantial
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