For the third time in a little over a year, the Tax Court has denied a large charitable deduction for the contribution of an easement to the National Architectural Trust, in this case because the value of the easement was held to be zero.
Prior coverage here, or read the full decision here.
[...] and Rory Rothman executed a conservation deed of easement to the National Architectural trust, a donee that likely doomed the taxpayers from the start. The deed of easement granted NAT an open space and architectural façade easement on the [...]
[...] and Rory Rothman executed a conservation deed of easement to the National Architectural trust, a donee that likely doomed the taxpayers from the start. The Rothmans engaged Mitchell, Maxwell & Jackson, Inc. (MMJ) to perform the qualified [...]