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before the big tax shock comes on December 5. Finally, I want to inform my supervisor that I am opposed to the “conservation easement” tax proposed for all citizens of Rappahannock. I found one example of a 50 acre tract of vacant land with notation of “scenic easement” and assessment of $300 per acre for total property value of $15,000.
I have never heard of $300 per acre land in my life. In my opinion this landowner already has a great bargain without me paying taxes to help him make that decision. We all know many prominent folks that were discouraged in the stock market, have turned to real estate for investments. I believe those landowners that truly want to keep Rappahannock County a rural and undeveloped area will be satisfied with just the $300 per acre assessment.
However, according to a recent article in the Washington Post, a 29 acre property near Mount Vernon (Alexandna-with George Washington’s Grist Mill in site) was put in conservation easement with Fairfax County and later developed with big houses, whereby the IRS denied the credit claimed. So, here is an example where nothing was protected from development. Lawyers write laws and lasers change laws.
Mary Wiley
Woodville
93.1%