Property taxes

Of course, once you donate or sell land, you’re no longer responsible for property taxes or other management duties—an option many landowners come to appreciate as they grow older.

Because a conservation easement reduces your property’s fair market value, you’d expect it would also reduce your property taxes. Unfortunately, Iowa has no consistent laws on this practice, and many Iowa counties do not adjust property taxes for conservation easements. If you’re considering an easement donation, you may increase your odds of getting such a property tax deduction by contacting your county tax office in advance.

More information on tax issues:
Income taxes | Capital gains taxes | Estate & Inheritance taxes | Property taxes | Cautions