But, in return, they can be eligible for various tax incentives that offset some of the loss in property value. Landowners who contribute a conservation easement give up a portion of the value of their property. Indeed, many high-net-worth landlords claim that conservation efforts have provided some salvation for humanity.
These landlords frequently offer a passion for land uses that promote social and environmental goals such as protecting endangered species, watershed protection, and rehabilitation of impacted areas as landowners in crucial conservation zones. 8 miles of Catawba River frontage easily navigable to Lake Norman.Īlthough high-net-worth families may have various motives for purchasing land, it is undeniable that buying land for conservation makes sense. It’s a unique 625-acre property near Statesville with. Here’s an example of a fine property being offered for sale by Cardinal Partners ideal for a conservation easement. It’s like they are creating their own Camelot, where their family can embrace the wonders of the outdoors in the safety of their own compound.
When buying land, many high-net-worth landowners describe an emotional attachment to the idea of owning a family compound, country home, or hunting property. The average number of acres owned by the top 100 landowners in the United States increased from 145,000 acres to 250,000 acres between 20 (per The Land Report, 2018). There is a land grab going on by the rich.