LAND: PURCHASE OF VIRGINIA’S LAND PRESERVATION TAX CREDITS 

Virginia has established itself as a leader in land conservation by establishing the transferable Land Preservation Tax Credit. However, not all credits are created equal. Buyers and sellers choose to work with us because they know our history and that our reputation for quality begins when we advise landowners with their easement creation from the beginning and in our review of third party project documentation.

These credits, the largest tax credit Virginia offers, may be used by landowners who have placed property in easement or they may be transferred or sold. Virginia individual and corporate income tax payers may offset their Virginia income tax liability dollar-for-dollar up to $100,000 per year for five to 10 years – depending on the vintage year of the credit.

Simply put, it allows taxpayers to offset their tax liability at a discount while helping to promote land conservation.

We pride ourselves on working with sellers and buyers to streamline and provide assurance in the process of selling and purchasing tax credits. Atoka credits are supported by our knowledge of Virginia lands and our scrutiny of each individual easement and appraisal, thereby removing the guesswork for the buyer. Atoka reviews the underlying easement and appraisal for governmental compliance and only markets credits that are sufficiently supported by real property market substantiation.

Additionally, each credit sold through Atoka Conservation Exchange is supported by the credit seller’s indemnification of the buyer in the Tax Credit Purchase and Sale Agreement.

Credit prices rise throughout the year and peak in the fourth quarter of the year. Recent typical sales price range between 0.85 to 0.92 depending on the time of year.

Please contact us to inquire about purchasing tax credits at atoka@atokaconservation.com.

Purchaser

Credit prices rise throughout the year and peak in the fourth quarter of the year. Recent typical sales price range between 0.85 to 0.92 depending on the time of year. If you wish to indicate your interest in purchasing tax credits, then please fill out the following fields listed below.