Thursday, December 17, 2015

Venus Flytraps And Elusive Gator On Golf Course Not Worth Millions In Tax Deductions

So how is a Venus Flytrap like a golf course sand trap? You can find them both in a recent Tax Court decision about conservation easements. The owners of the Members Club and the Reserve Club negotiated with the North American Land Trust to grant conservation easements to land in and around two golf courses. All in they claimed over $7 million in charitable contributions The golf courses are part of St. James Plantation.

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