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No kidding. Some of your
Rappahannock neighbors donated easements that made them eligible for Virginia tax credits. They have more credits than they can use and are looking for Virginia tax payers who would like to buy the tax credits at 70 to 80 cents on the dollar. That could be you. You may be able to lower your personal or corporate Virginia taxes by 20 to 30 per. cent by showing up at the Washington Town Hall on November 13.
Here’s how it works.
The Commonwealth of Virginia encourages landowners to donate conservation easements. One of the incentives is lower Virginia taxes, specifically, half the difference of the value of the land before and after the easement. Let’s say you have a 100-acre parcel — the minimum recommended size — and are thinking about donating a conservation easement. You hire a qualified appraiser who values your land at $800,000
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