If you own a residence, vacation home, acreage or vacant lot that has no particular conservation value, but that has appreciated over the years, selling it may mean a sizeable capital gains tax. By donating such land – called TRADELANDS – the intention is that it will subsequently be sold by the Coastal Land Trust as income, not for conservation. You may avoid capital gains tax and may also receive a charitable deduction for the fair market value of the property.

Back To Support