Take the time to stop and smell the roses, not take the time to register your land preservation tax credits… that’s on us!

What are LPTCs? 

Land Preservation Tax Credits are known as LPTCs for short. The Virginia Land Conservation Incentives Act allows for an income tax credit for 40% of the value of conservation easements. Virginia is one of few states that has transferrable LPTCs, meaning they can be purchased by other taxpayers in the Commonwealth.  

What do you need to do to sell your LPTCs? 

The easiest thing you can do is contact Conservation Partners! We are dedicated to providing the highest level of service possible. We will register your tax credits, which can be a complicated process for those without experience. Then, we will market your tax credits to our significant market of enthusiastic buyers who value the quality of your easement donation and appraisal. Why does that matter to you? Well, it means a higher return to you! We work to make sure you receive the highest price . 

What else might you want to know? 

  • Conservation Partners has an Advance Funding Program to cover costs associated with easement and land donations, subject to certain limitations. If you utilize this service, Conservation Partners will be reimbursed from the net proceeds of the tax credit sales when the transaction is complete. 
  • The Tax Department charges a 5% fee on credit transfers. Conservation Partners will automatically advance this fee for you! It will then be deducted from the proceeds of credit sales once the transaction is complete. 
  • More questions? Call us at 540-464-1899 and press extension 2 to talk to our Tax Credit Expert, Margaret!