This product is a recording of the Appraisal Institute webinar that was conducted on November 18, 2013.
Once the Appraisal Institute confirms your payment, you will receive an e-mail containing a link to the webinar recording.
Please note: The interactive features of the webinar (e.g. poll/survey questions and the final evaluation) are NOT available in the recording. In addition, Appraisal Institute continuing education credit is NOT available for viewing the recording.
Valuation of Conservation Easements and Taxes
Date: November 18, 2013
Duration: 2 hours
Valuing conservation easements is one of the most difficult assignments an appraiser can take. If you do this complex work, insure you’re also up to speed on the ever changing IRS piece of the puzzle. Listen to this valuable two-hour webinar and gain critical insights and IRS tax court decision updates for your daily practice.
This new webinar addresses the federal income tax code and regulations pertaining to the donation and valuation of conservation easements.
Appraisers, CPAs, and attorneys should be familiar with all these important requirements. Obtain relevant analysis on the most recent tax court decisions involving conservation easements!
Presenters will discuss:
- How to analyze and account for deed restrictions
- Ways to scrutinize market transactions
- How to overcome the lack of market data
- Consideration of zoning restrictions
- Analysis of the market
- Why highest and best use needs to be determined twice
- Use of easement encumbered transactions
- Use of subdivision development approach
- What is the entire contiguous property
- Is there enhancement to other property
- Is Highest and Best Use in conflict with conservation purpose
Marc L. Caine, Senior Counsel, Internal Revenue Service
Ronald M. Cerruti, Engineering and Valuation Territory Manager, Internal Revenue Service
Robert E. Dietrich, MAI, Director, Navigant Capital Advisors
Louis J. Garone, MAI, SRA, Real Estate Specialist and Senior Appraiser, Internal Revenue Service
Karin Gross, Supervisory Attorney, Internal Revenue Service