“Syndicated Conservation Easement Transactions” as per IRS News Release IR-2019-182 and Notice 2017-10, are considered to be “listed transactions” which attract severe IRS scrutiny and examination. The IRS is now aggressively pursuing these highly and unscrupulously promoted investment deals, typically formed as an LLC taxed as a partnership, which allow for charitable contribution deductions by far in excess of what was actually invested by investors. These transactions have been included in the IRS Dirty Dozen listing of tax schemes to avoid. Contact us for help if the IRS has audited you for your investment in an abusive conservation or preservation easement.
