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Real Estate Investors, Stock Traders, and Business Owners guide to preserve their wealth, protect their assets, and prosper in the future.
Episodes
Tuesday Nov 05, 2024
Tuesday Nov 05, 2024
In this episode, Toby Mathis, Esq., of Anderson Business Advisors, chats with Tyler Surat of One Tree Advisors. Tyler is a seasoned expert in tax mitigation and land conservation strategies, who is helping clients utilize conservation easements to preserve land while mitigating taxes. You’ll hear the definition and benefits of conservation easements, the challenges posed by IRS scrutiny on certain easements due to misuse by "bad actors," and the importance of understanding state-specific tax laws. Tyler emphasizes the necessity of due diligence before pursuing an easement, considering factors like property registration and the differences between group and individual applications. Tune in for valuable insights into navigating the complexities of conservation strategies and tax implications.
Highlights/Topics:
- Toby introduces Tyler, from CPA to CFO
- What is it, and what’s covered under a ‘Conservation Easement’?
- The IRS is contesting some easements from ‘bad actors’ in the real estate business
- Groups vs. individuals
- Is the property on a National Registry?
- Tax laws in your specific state need to be considered
- Audits can be a risk due to past individuals who have misused this tax break
- Due diligence is essential before requesting an easement
- Get in touch with Tyler at his email below with your questions
- Share this with new investors you know
Resources:
Connect with Tyler Surat
Email: tsurat@onetreeadvisors.com
tsurat@onetreeadvisors.com
Schedule Your FREE Consultation
https://andersonadvisors.com/strategy-session/?utm_source=conservation-easements-in-crisis&utm_medium=podcast
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