SERVICES
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HISTORIC
PRESERVATION/ Press & Press, PLLC also can assist owners of historic buildings realize significant tax savings through conservation easements. This mechanism enables eligible property owners to donate a façade easement to a qualified organization in exchange for a federal tax deduction, which can be 10-15% of the property’s fair market value. In some cases, state and local taxes can also be deducted. By granting an easement, the owner agrees not to change the outside appearance of their building without permission of the qualified organization. Our attorneys can help clients evaluate the pros and cons of a Conservation Easement. You can also retain our services to handle the entire application process for you.
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