Originally Posted by 2Dogs
Originally Posted by Whild_Bill
Landowner does not get a big fat check. They get a tax credit that is based on an appraisal of what the land would be worth if it were to be developed. Future value. The tax credit can be used by the owner or sold to others looking for tax credits.



Yep, you get big tax credits and breaks for not doing something like, developing or mining . You can use the land in any way you want , you just can't do whatever you've agreed not to do. It is usually works out well for folks that are in very high tax situations. They get big tax breaks for not doing something they weren't going to do anyway.


Yep. But you can’t EVER subdivide it, or develop it in any way. It’s easy to say you never do that, but then a big 4-lane ends up coming through and you’re stuck with $800/acre land that could’ve been worth 10x that.

And you have to ask permission before you cut down trees on your own property. I’m not kidding.