It would be similar to a charitable gift.In a conservation easement, a real estate investor “donates” development rights on a piece of property to a qualified charity, public agency, or land conservatory.In return for the donation, they get a tax deduction as if they gave cash to a charity.Let's dive into the basics.Let's say you buy a 20-acre piece of real estate that includes a 5-acre self-storage facility.

We currently have one rental property that is fully paid off, generating $2,150 per month in income, with expenses around $1,000.

Can you provide more details on what the property is like?

Choose the right property, manage tenants, and consider space considerations.

$1.45M loan on a $2.2M property at 7.125%

Here is a framework to think about how buying properties creates the most tax efficiency for you.The 6 levers of depreciation:Lever 1 - % of LandOne of the components of a property is land.Land is NOT DEDUCTIBLE, so low value land properties mean more tax deduction.A value of your overall purchase will be assigned to the land or lot.You receive no near-term tax benefits for buying land.For example - If you buy a $2 MM industrial building outside a rural town on 5 acres, the land value could be $5k an acre.

If you'd like to chat, just shoot me a pm.KevanThere's no property management for condos?

HI BG,Is there any source for Canada property search.Please advice meThanks,Neelam

I own 4 rental properties in LLCs in two other states. 

Investment Info:

Townhouse buy & hold investment.

Purchase price: $68,000

Cash invested: $14,000

Single family home in Ashland PA.