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1031 Exchanges News ItemsSale of Old Towne Petersburg apartment rehab nets $21M - RichmondBizSense6/26/2018 12:10:09 AM
RichmondBizSense Sale of Old Towne Petersburg apartment rehab nets $21M RichmondBizSense The firm also has several renovation and conversion projects in various stages of work across south, central and western Virginia and North Carolina. “When I first came here, this section of Petersburg, from Sycamore Street east to ... Run by Louis ...
This Is How a 1031 Exchange Helps You Build Wealth - U.S. News & World Report6/5/2017 9:56:54 AM
U.S. News & World Report This Is How a 1031 Exchange Helps You Build Wealth U.S. News & World Report A recent exchange of a single-family property in northern Virginia for one with more growth potential in Richmond would have resulted in about $60,000 in state and federal capital gains taxes – that is, had the Vienna, Virginia -based attorney and real ...
Conservation Easements News ItemsLongtime Amherst attorney closes law office, reflects on 37-year career - Lynchburg News and Advance7/9/2018 8:02:21 PM
Lynchburg News and Advance Longtime Amherst attorney closes law office, reflects on 37-year career Lynchburg News and Advance Impacting Amherst outside the courtroom as well, Martin represented the Virginia Blue Ridge Railway, which nearly four decades ago ceased operating, and bought and donated land that led to the establishment of the Blue Ridge Railway Trail in Piney ...
Mount Vernon launches campaign against Dominion compressor - SoMdNews.com6/29/2018 12:03:18 AM
SoMdNews.com Mount Vernon launches campaign against Dominion compressor SoMdNews.com The fight over a controversial natural-gas powered compressor station in Northwest Charles County has gone interstate following an announcement Tuesday that the Mount Vernon Ladies' Association in Virginia was launching a campaign to oppose its ...
Getting serious about housing affordability - The Hill6/26/2018 11:37:48 AM
The Hill Getting serious about housing affordability The Hill Montgomery County, Maryland relies on conservation easements to prevent urban expansion. Loudoun County, Virginia uses inflexible large-lot zoning rules. Having made housing unaffordable, many cities have responded by making the problem worse.
New Virginia Beach boat tours bring explorers to an 'environmental wonderland' - Southside Daily6/18/2018 4:37:52 AM
Southside Daily New Virginia Beach boat tours bring explorers to an 'environmental wonderland' Southside Daily More than a quarter of the North Landing River Watershed is protected from development because of land acquisitions or conservation easements arranged by governments and nonprofit groups, according to a report from the Nature Conservancy. This ...
Conservation easements here total 2541 acres in '17 - Fauquier Now2/5/2018 11:11:35 AM
Fauquier Now Conservation easements here total 2541 acres in '17 Fauquier Now Conservation easements here total 2,541 acres in '17. The Piedmont Environmental Council's map depicts 2017 easements in orange and previous easements in green. The Virginia Outdoors Foundation holds easements on most of the protected land in ... and more »
Natural gas pipelines clear another hurdle with conversion of Virginia conservation easements - Richmond.com10/16/2017 8:02:55 PM
Richmond.com Natural gas pipelines clear another hurdle with conversion of Virginia conservation easements Richmond.com Two controversial natural gas pipelines that would carve through some of Virginia's most mountainous terrain cleared another hurdle on their way to construction Monday when the Virginia Outdoors Foundation's board approved the conversion of 11 ... and more »
Conservation Tax Credits News ItemsConserving the Future: How Easements Shield the Land - The Crozet Gazette4/7/2017 6:45:33 AM
The Crozet Gazette Conserving the Future: How Easements Shield the Land The Crozet Gazette While most land trusts such as The Nature Conservancy and the Piedmont Environmental Council are private agencies, Virginia's easement landscape is dominated by a public entity called the Virginia Outdoors Foundation (VOF). Created by the Virginia ... and more »
IRS Scrutinizes Land-Donation Syndicates Yielding Big Tax Breaks - Wall Street Journal12/29/2016 11:59:23 AM
Wall Street Journal IRS Scrutinizes Land-Donation Syndicates Yielding Big Tax Breaks Wall Street Journal “It's going to make anybody engaging in this think twice,” said Tim Lindstrom, a Virginia tax lawyer critical of syndicated easements. Charitable contributions aren't supposed to be profitable for donors, said Mr. Lindstrom, who has reviewed deals for ... and more »
This $100 billion marketplace benefits business and landowners - GreenBiz12/1/2016 5:05:12 AM
GreenBiz This $100 billion marketplace benefits business and landowners GreenBiz In 2002, an IRS-approved appraisal of developable eco-assets basically doubled the market value of its Canaan Valley property in West Virginia — from $17 million to $33 million. The company sold 12,000 acres to the non-profit Fish & Wildlife ...
Conservation Easement Tax Deductions And Valuation Abuse - Forbes1/14/2016 10:15:54 PM
Forbes Conservation Easement Tax Deductions And Valuation Abuse Forbes Professor Nancy McLaughlin is something of an idealistic attorney, which really is not an oxymoron . She told me that she practiced law early in her career in Virginia and dealt a bit with conservation easements. She noticed a lot of problems and hoped ...
Natural Bridge sold, on path to become state park - Roanoke Times2/6/2014 1:34:17 PM
Roanoke Times Natural Bridge sold, on path to become state park Roanoke Times Angelo Puglisi donated the 215-foot limestone arch, valued at $21 million, to the newly formed Virginia Conservation Legacy Fund and received conservation tax credits estimated to be worth about $7 million along with $8.6 million in cash for the ... and more »
Biscuit and gravy: Lawmakers dodge calls to unshroud millions - The Hook11/29/2011 3:11:46 PM
The Hook Biscuit and gravy: Lawmakers dodge calls to unshroud millions The Hook Although designed to protect family farms from development, Virginia's conservation tax credits , as Biscuit Run amply demonstrated when its former owners snagged $11.7 million of them, can also throw an eight-figure lifeline to speculators. That's a ...
The flip that flopped: Biscuit Run men want $20 million more from taxpayers - The Hook11/9/2011 12:34:17 PM
The Hook The flip that flopped: Biscuit Run men want $20 million more from taxpayers The Hook It turns out that Virginia is one of about a dozen states that allows certain property owners to convert an appraisal into cash. It happens via a program called conservation tax credits . The bigger the appraisal, the bigger the value of the "gift" when ... and more »
Scenic treasure: How conservation lines the pockets of the rich - The Hook3/3/2011 8:47:11 AM
The Hook Scenic treasure: How conservation lines the pockets of the rich The Hook The Virginia Department of Taxation agreed to issue the owners over $11 million more in conservation tax credits , a kind of cash the public might never have known about had not an anonymous tipster leaked documents to the Hook and other media.
Guest Opinion: Are tax credits worth buying? - RichmondBizSense9/17/2010 6:56:58 AM
RichmondBizSense Guest Opinion: Are tax credits worth buying? RichmondBizSense Q: A coworker told me about a money-saving opportunity by purchasing Virginia land preservation tax credits. What is your opinion of this ... Virginia land preservation tax credits are a savvy way for you to save up to 25% on your state tax bill. These ...
Succession Planning News Items$0.63 EPS Expected for BJ's Restaurants, Inc. (BJRI); Heidrick & Struggles International (HSII) Sellers Decreased By ... - Hillary HQ (press release)7/17/2018 7:26:48 AM
$0.63 EPS Expected for BJ's Restaurants, Inc. (BJRI); Heidrick & Struggles International (HSII) Sellers Decreased By ... Hillary HQ (press release) ... California, Colorado, Florida, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nevada, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia , and Washington ... and more »
Morgantown set to host statewide small business conference - WV News7/16/2018 12:16:50 AM
WV News Morgantown set to host statewide small business conference WV News “This is a new conference, and it's predicated on the basis of trying to equip small businesses (officially defined by the Small Business Administration as those with fewer than 500 employees) in the state of West Virginia , and surrounding states if ... and more »
Holt assumes permanent administrative position with Scotland Health Care System - Laurinburg Exchange7/13/2018 2:45:29 PM
Laurinburg Exchange Holt assumes permanent administrative position with Scotland Health Care System Laurinburg Exchange Holt brings extensive health care experience to her role, serving most recently as president and chief operating officer at Novant Health UVA Prince William Medical Center in Northern Virginia . Holt started her career as a staff nurse in their ...
Northrop Grumman CEO will step down - Chicago Daily Herald7/13/2018 8:40:50 AM
Chicago Daily Herald Northrop Grumman CEO will step down Chicago Daily Herald Bush had been CEO of Northrop, the Falls Church, Virginia -based defense contractor, since 2010. The company did ... "The timing of Wes' retirement is the result of a very focused and disciplined succession planning process," Paynter said. "This ... Northrop Grumman Announces CEO Transition Markets Insider Kathy Warden Elected as Next CEO of Northrop Grumman HPCwire Northrop Grumman Corporation: Northrop Grumman Announces CEO Transition The Wall Street Transcript Yahoo Finance - GlobeNewswire - Washington Business Journal - Zacks Investment Research all 112 news articles »
Where Is Your Farm and Forest Going? – Landowner Education Goal of Two-Day Workshop - The Southside Messenger7/12/2018 1:15:38 PM
The Southside Messenger Where Is Your Farm and Forest Going? – Landowner Education Goal of Two-Day Workshop The Southside Messenger Forty-one percent of these acres are owned by landowners over the age of 65, placing much of this acreage in jeopardy of conversion and changing ownership goals ( Virginia Department of Forestry State of the Forest Report, 2016). With land ... Speakers ...
'Hartford Athletic' Soccer Team To Join United Soccer League For 2019 Season - WNPR News7/10/2018 10:04:29 AM
WNPR News 'Hartford Athletic' Soccer Team To Join United Soccer League For 2019 Season WNPR News The billionaire has been trying to arrange succession planning at the company after his five decades in charge. .... The owner of an Old Saybrook restaurant wants you to know that her Red Hen restaurant is not the Red Hen located in Lexington, Virginia .
Why we're still talking about Sumner Redstone - West Virginia Public Broadcasting6/25/2018 8:51:23 PM
Marketplace.org Why we're still talking about Sumner Redstone West Virginia Public Broadcasting Hagey: We're talking about him a lot because he made kind of a mess of his succession planning frankly. Its incredible. Sumner Redstone always claimed that he was never going to die. And seems like it might be true. He would proudly say that, kind of ... The King of Content - Keach Hagey - Hardcover - HarperCollins Publishers HarperCollins Publishers all 5 news articles »
Letters to the Editor for Tuesday, June 19, 2018 - Lynchburg News and Advance6/19/2018 4:02:12 AM
Letters to the Editor for Tuesday, June 19, 2018 Lynchburg News and Advance There is better leadership succession planning in the war of drugs than we see in most businesses. This criminalization ... The recent steps by the Virginia General Assembly to legalize some forms of cannabis for health reasons are a step in the right ...