We have known a few people that have taken advantage of the land conservation tax credit program in New Mexico, but now the limits have been increased. If someone has some land to donate and would like to bring down their tax burden, this is a great way to go.
Here is a link to the program details from the states website... http://www.tax.state.nm.us/forms/year07/rpd41282inst.pdf
Here is the press release... ABQJOURNAL NEWS/STATE: Land Conservation Tax Credit Program Updated: "The state has increased the amount of money that can be credited to landowners to help preserve open space, habitat for wildlife, watersheds, agricultural land and historic places..."
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Tracy believes that Real Estate transactions should always be a win/win for both buyers and sellers. “We focus on the needs of the client". http://www.welcomehomeabq.com
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