| Easement
Calculator
While a preservation easement donation can also reduce estate and property taxes,
this benefit analysis focuses on the income tax savings generated from a
preservation easement donation. To estimate the charitable contribution deduction and financial benefit
that might be generated from a preservation easement donation, please complete the following
information:
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Property Information:
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Estimate
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Estimated Fair Market Value Of Historic Property*
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$
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While an estimate is used in this analysis, as part of the
preservation easement valuation process, a qualified real estate appraiser determines
the fair market value of the property.
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Building's Depreciable Basis (excludes land value)*
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$
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The building's depreciable basis is generally defined as the purchase price,
minus the value (or cost) of the land, plus the value of any capital improvements
made, minus any depreciation already claimed.
$0 is used as the default value.
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Preservation Easement Value Percentage *
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%
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Because each preservation easement valuation depends upon a
number of variables that are unique to each property, including
existing historic preservation laws that may already impact the
property, there is no "one size fits all" approach to valuing
preservation easements. For example, the valuation for a facade
preservation easement typically ranges anywhere from 5% to 15% of
the historic structure’s fair market value. Whereas, the
valuations for development rights and interior space preservation
easements do not fall within any typical range and, thus, can vary
even more significantly from property to property.
10% is used as the default value.
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Marginal Tax Rate *
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%
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Marginal Tax Rate is the tax rate that is paid on any additional dollars of taxable income earned.
40% is used as the default value.
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| Contact Person Information |
* required field |
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After this information has been submitted, you will promptly receive an e-mail
with the estimated charitable contribution deduction and financial benefit that
might be generated from your preservation easement donation.
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