Originally Posted By: therealhojo
Sounds like you are talking about a conservation easement. If that's what it is, you don't get cash, you get tax incentives moving forward for the amount that you could have made if developed. If you can pull it off, it's a great program. There are limits in what the land can be used for though. We have looked into it. It takes the right property. It really caught on after the house collapse.


The one the revenue commish told me about, company A bought some rough timber land for 1k per acre, they sold it to company B for 5k per acre, but company x owns both a & b. Somehow feds use it for a endangered species refuge and company x reaps some huge benefit. Sounds like a Clinton deal. The commish refuses to use it to value property because it's totally unreasonable. The appraiser for FW might like it, they have a history of paying the highest price for their dirt in Jackson Co.

Word is there is something brewing over the tax loss,some state reps have been getting facts and figures from the revenue office.



"Why do you ask"?

Always vote the slowest path to socialism.