Tax Benefits for Landowners

Since January 1, 2012 the Georgia conservation tax credit has become transferable. This means that landowners who donate Conservation Easements (CEs) and cannot personally utilize the state income tax credit are now able to sell their credit to other Georgia resident taxpayers who want to reduce their state income tax liability. Landowners/sellers receive cash and credit buyers are able to reduce their income tax burden. At the same time, Georgia’s working farms, open spaces, wildlife habitat, water quality, scenic vistas and natural heritage are protected.

There are professionals who specifically deal with state conservation tax credit exchanges. Landowners who are entering into conservation easements or who have existing credits may engage them to help them with the sale of their Georgia tax credits. Landowners may wish to consult their own tax advisers and these professionals to determine their eligibility to sell their credits. Landowners may also wish to refer to the Georgia Land Conservation Program website for more information:

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Conservation Easements
Frequently Asked Questions
Tax Benefits for Landowners