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South Carolina law allows donors of conservation easements to take a tax credit. Did you know that, for those who cannot benefit from the tax credit, there is the ability to trade and sell them?
The South Carolina Conservation Credit Exchange provides a simple, one-stop marketplace to connect buyers and sellers of conservation credits, putting money in the hands of landowners and delivering profitable returns to buyers.
Palmetto Conservation, in partnership with financial analyst, Robin Underwood, has launched a new project, the South Carolina Conservation Credit Exchange, to provide a market for credit owners to connect with credit buyers. It's a win-win solution for buyers, sellers, and the state of South Carolina. Sellers receive income for unusable tax credits, and buyers save money on their state income taxes. In addition, Palmetto Conservation receives a percentage of the transaction fee to continue its efforts to conserve our state's vast natural resources. Visit http://www.conservesc.com/ for more information on how you can benefit as a buyer or a seller of credits. (Image provided by the South Carolina Conservation Credit Exchange.)
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