A Guide to Donating Conservation Easements and Substantiating Their Value - Kiva Dunes

By: Ronald A. Levitt; David M. Wooldridge; Gregory P. Rhodes; Cheryl Howell Oswalt

One of the areas challenged by the IRS concerning the donation of a conservation easement is whether the the donation was valued correctly. The case Kiva Dunes establishes what is required for valuation, specifically stressing the importance of a qualified appraiser, and settles the question that a golf course can be a valid conservation purpose.