A prominent stretch of the Paradise Valley is now protected from development after billionaire Arthur Blank put his ranch in a conservation easement with the Gallatin Valley Land Trust this April.

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In 2017, the IRS identified syndicated conservation easements as a listed (i.e., reportable) transaction, meaning that the taxpayer must identify the conservation easement deduction on a Form 8886 ...

Here’s what it’s all about. A conservation easement is a binding promise by a landowner to limit development on a particular piece of property. The easements are typically given to land trusts ...