CPAs Should Steer Clear Of Syndicated Conservation Easements

There are twelve investment vehicles mentioned in the indictment.  They have names like Inland Capital Investment Fund 2014, Coastal Property Holdings and Eastern Sierra Holdings 2018.  Easements on 8,236 acres yielded charitable contributions of $956 million.  That works out to $116,076 per acre. Assuming a 37% rate the tax subsidy for the easements would be just shy of 43,000 per acre if the deductions held up.