Bargain Sales
Bargain Sales
Bargain sales of land combine the income-producing benefit of a sale with the charitable incentives of a donation. This blending of conservation tools enables the North Shore Land Alliance to do more conservation work and find creative ways to achieve landowners’ goals and financial needs.
Bargain sales are the sale of land (fee title) or a conservation easement (partial interest) to a qualified conservation organization, such as a non-profit land trust or municipality, at less than fair market value.  This not only makes it more affordable for the conservation buyer, but offers several benefits to a landowner: It provides immediate income from the sale; it reduces potential capital gains liability; and, it entitles the seller to a charitable income tax deduction based on the difference between the land’s fair market value and its bargain sale price.
To learn more about Bargain Sales please contact the Land Alliance at 516-922-1028 or [email protected].