Property Ownership
An Indiana conservation easement donated to a qualified land trust may provide the donor with:
AProperty tax exemption for 10 years
BA federal income tax charitable deduction for the value of development rights donated✓ Correct
CAn Indiana property tax exemption permanently
DExemption from all future property transfers
Explanation
Donating a conservation easement to a qualified charitable organization may generate a federal income tax charitable deduction for the value of the restrictions on development that the donor permanently gives up.
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