However, if your business owns real estate, that portion of the sale may qualify for a 1031 exchange, allowing you to defer capital gains taxes by reinvesting in another like-kind property.

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price 

@Helena Lee, I do not have experience with it, BUT I would expect to pay capital gains on the bitcoin. 

With real estate investing, you have the tax benefit and depreciation along with what is hopefully an apreciating  asset.

Usually conservation easements come with Huge tax benefits for the party putting the property into a CE.  

You are neglecting to account for gentrification, which is the biggest REI gain or all.

It just adds complexities and costs without any benefits. 

Quote from @Joshua Tucker: What specific tax benefits can high net worth individuals receive from building real estate on tribal land?

Lenders tend to have different requirements.... some look for a required minimum membership interest and others look solely at direct benefit the signer receives which could be membership interest, fee etc.

. - Many areas around the country allow for ADU Construction - house-hackers enjoy similar benefits to remodeling projects by being naturally on-site for ADU construction.