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« Opinion - Certifying Tax Preparers | Main | The Rules of Evidence »

June 23, 2009


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The cost to the tax payer for this contribution of a conservation easement was minor compared to the potential cost if the hurricane had wiped out the permitted houses and hotels that could have been built instead of the course. Zoning would have permitted high density housing and had it been built and then destroyed by a major hurricane the taxpayers would have had to foot the bill for disaster relief. Many golf courses are being converted to commercial/residential along the coasts of South Carolina, North Carolina and Georgia. The loss of open space, carbon capture, and habitat is mourned by many who thought it would never happen. Major developers such as Ginn have declared bankruptcy leaving the taxpayer with even more liability. We monitor the courses regularly to insure proper management practices and have good relations with the management. This court case proved the value to wildlife as well, witness the comments from the US Fish and Wildlife Service.

Golf is going expensive day by day.

Well since I see you mentioned the IRS expert had very little experience in the state of Alabama..I am presuming he wasn't even from Alabama..where was he from anyway!? And also is it just me or does that seem very strange...how can you even consider someone as an expert if he hasn't had much experience in the state involved...

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