United States v. 1.57 Acres of Land
About This Legal Opinion
The court found that the conservation easement had more than zero value.
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Gorra v. Commissioner
The Court found the easement complied with the purposes and perpetuity tests but found that the value was much less that taxpayers claimed although not zero as the IRS claimed. Penalties assessed.
Dunlap v. Commissioner of IRS
The Tax Court disallowed the deduction in its entirety because it held that the easement had zero value. The Tax Court found the taxpayers' expert witness appraisers unconvincing, based on numerous methodological flaws.
North American Wetlands Conservation Act
NAWCA has helped to fund more than 3,200 projects protecting more than 31 million acres of wetland and wildlife habitat in all 50 states, as well as Canada and Mexico.
Chandler v. Commissioner
Tax Court cited Kaufman IV holding that the facade easements had zero value because they were largely duplicative of existing historic preservation ordinances but held that taxpayers had reasonable cause for their gross misvaluation in two of three returns.
Oakbrook Land Holdings LLC, v. Commissioner__full tax court
Investors purchased 143 acres on White Oak Mountain near Chattanooga, Tennessee, for $1.7 million in December 2007. Oakbrook granted a conservation easement on 106 acres a year later and claimed a $9,545,000 value for the easement — a 700% appreciation in value.
New Hampshire v. Rattee
The NH Supreme Court held that the State had the authority to purchase or acquire more rights than listed in the statutory definition of an agricultural conservation easement, its rejection of the proposed home site was reasonable and the landowner's due process and waiver claims had no merit.
Oakbrook Land Holdings LLC, v. Commissioner
Investors purchased 143 acres on White Oak Mountain near Chattanooga, Tennessee, for $1.7 million in December 2007. Oakbrook granted a conservation easement on 106 acres a year later and claimed a $9,545,000 value for the easement — a 700% appreciation in value.
Oakbrook Land Holdings LLC, v. Commissioner__memo opinion
Investors purchased 143 acres on White Oak Mountain near Chattanooga, Tennessee, for $1.7 million in December 2007. Oakbrook granted a conservation easement on 106 acres a year later and claimed a $9,545,000 value for the easement — a 700% appreciation in value.
United States of America v. 74.05 Acres of Land, 2006 U.S. Dist. Court D, Connecticut
The court, citing the federal forfeiture statute, denied the land trust standing to contest the forfeiture.
United States v. Ponte
The court held that a 100-foot setback zone was to be measured horizontally, not vertically (over the face of the Earth), based on Maine common law. The court entered a default judgment for the United States, requiring the removal of the platform.