Conservation Easements Investments: Red Flag with the IRS? Updated May 10, 2021
The White Law Group is investigating potential securities fraud claims involving the liability that sale agents and broker-dealers may have for improperly recommending conservation easements (tax shelter land deals) to unsuspecting investors.
Syndicated conservation easements are private placements that promise tax deductions worth four to four-and-a-half times a person’s investment. The IRS has reportedly been investigating these transactions over the past three years with questions about the accurate appraisals and valuations of properties. Some syndicated conservation easement deals are offering investors charitable contribution deductions on taxes for large amounts.
That means an investor could hypothetically turn a $100,000 investment into $400,000 or more in tax deductions.
On March 27th, 2019 the Senate Finance Committee reportedly launched an investigation into conservation easements after the Brookings Institution reportedly found that conservation easements cost the federal government more than $3 billion dollars in 2014 alone with that amount expected to increase each subsequent year.
Apparently the Senate Finance Committee believes that groups of taxpayers are using syndicated conservation easements to reap tax benefits greater than their initial investments, according to a press announcement.
While there are very legitimate purposes for the conservation easement provisions of the tax code, the committee reportedly believes that “these tax provisions are being abused, and it will inform what else ought to be done to fix the problem.”
There may be a Tax Audit in your Future.
The IRS has reportedly seen abuses of this tax provision and it is currently investigating taxpayers who are using questionable appraisals, and taking inappropriately large deductions for easements. Investors who received charitable contribution deductions of more than 2.5 times their investment could possibly be audited, and potentially even hit with a revised tax bill.
These syndicated conservation easements may be sold through both independent broker-dealers and directly by attorneys and CPAs who create the syndications and tend to have high commissions and fees.
Broker dealers are required to perform adequate due diligence on any investment they recommend and to ensure that all recommendations are suitable for the investor. Recommendations should be appropriate in light of the investor’s age, risk tolerance, net worth, and investment experience.
Broker dealers that fail to adequately disclose risks or make unsuitable investment recommendations can be held liable for investment losses in a FINRA arbitration claim.
The White Law Group is investigating potential claims against sales agents that sold the following conservation easement investment offerings, among others:
15th Street Partners, LLC |
191 Partners LP |
830 Oconee, LLC |
Adam Smith Ventures, LLC |
Albero Investors, LLC |
Anderson Pointe Investments, LLC |
Aquatic Creek Group, LLC |
Arcadian Quay Holdings, LLC |
Ardan Investors, LLC |
Ash Resources Group, LLC |
Avalon Resources Group, LLC |
Azalea Bay Resort Holdings, LLC |
Bama Soil Partners, LLC |
Barn Creek Partners, LLC |
Basin Mountain LLC |
Basin Timber Holdings, LLC |
Bates Investments, LLC |
Battelle Investment Group, LLC |
Bayou Sand Investors, LLC |
Bear Creek Investors, LLC |
Bear Creek Investors, LLC |
Bear Creek Timberland Investments, LLC |
Beaverdam Creek Investors, LLC |
Beech Springs Resort Holdings, LLC |
Bellavista Grove Holdings, LLC |
Belle Harbour Resort Holdings, LLC |
Belvoir Investors, LLC |
Benton INV, LLC |
Berkley Road Investors, LLC |
Bickford Farm Investments, LLC |
Bienville 75 Acquisitions, LLC |
Big Anvil Partners, LLC |
Big Hill Partners, LLC |
Blue Ridge Valley Investments, LLC |
Blue Springs Investors, LLC |
Bonlee Investment Properties, LLC |
Bradford Investors, LLC |
Brand Rock Investments, LLC |
Briar Patch Investments, LLC |
Broad River Investors, LLC |
Broadmoor Quarry Investors, LLC |
Browndale Plantation Reserve Investments, LLC |
Brush Creek Holdings, LLC |
Brushy Hollow Investments, LLC |
Camellia Station Holdings, LLC |
Canary Creek Partners, LLC |
Cape Fear Pointe Holdings, LLC |
Carey Station Investors, LLC |
Carl Parker 52 Investors, LLC |
Carter Investors, LLC |
Cason Investments, LLC |
Cayo Marsopa Holdings, LLC |
Centerland Group, LLC |
CGP Net Lease Mezz Equity I, L.P. |
Cherokee 389 Investments, LLC |
Cherry Rock Group, LLC |
Chimney Rock Group, LLC |
Clinton Investments, LLC |
Coastavista Palms Holdings, LLC |
College Creek Investors, LLC |
Cox Point Plantation Investors, LLC |
Crestlawn Investors, LLC |
Crimson S&G Group, LLC |
Cristobal Key Holdings, LLC |
Crockett Investors, LLC |
Cub Creek Reserve Investments, LLC |
CXI Properties, LLC |
Cypress Cove Marina Holdings, LLC |
Cypress Rock Group, LLC |
Daniel Creek Investments, LLC |
Deep Green Investments, LLC |
Deer Valley Group, LLC |
Delta Sand Investors, LLC |
Derrydown Investors, LLC |
Desoto Investors, LLC |
Dev X Investment 2015, LLC |
Diamond Grande Resort Holdings, LLC |
Dixie Lake Investments, LLC |
Dome Mantle Partners, LLC |
Dover Cliff Partners, LLC |
Dry Creek Partners, LLC |
Dry Mill Creek Investments, LLC |
Duck River Investments, LLC |
Dynamite Creek Partners, LLC |
Echelon Waters Group, LLC |
Edge Rock Partners, LLC |
Elbow Creek Group, LLC |
Emerald Acquisitions 2014, LLC |
Emerald Acquisitions 2015, LLC |
Emerald Acquisitions 2016, LLC |
Emerald Acquisitions 2017, LLC |
Emerald Property Investors, LLC |
Falling Rock Group, LLC |
Fantail Holdings Partners, LLC |
Farm River Partners, LLC |
FCT Investments, LLC |
FG River Partners, LLC |
Field View Group, LLC |
Flint River Rock & Timber Investments, LLC |
Forestar Investors, LLC |
Fork Creek Partners, LLC |
Fork, LLC |
Galley Resources Partners, LLC |
Georgetwon Riverfront Partners, LLC |
Giant Aggregates Partners, LLC |
Ginn Creek Investments, LLC |
Glady Fork Partners, LLC |
Gray Mountain Investors, LLC |
Green Cove Group, LLC |
Green Valley Investors, LLC |
Greenview Group, LLC |
Gretsch Investments, LLC |
Gulf Land Group, LLC |
Gulf Land Investment Partners, LLC |
Halyard Holdings Group, LLC |
Hard Rock Partners, LLC |
Harmon INV, LLC |
Harmon North Investments, LLC |
Harmon South Investors, LLC |
Harmony Road Investors, LLC |
Harris Top Investors, LLC |
Harrow Aggregates Partners, LLC |
Hazel Hollow Investments, LLC |
Hillside View Partners, LLC |
Hornet’s Nest, LLC |
Horshoe Bend Investors, LLC |
Huston Minerals Partners, LLC |
Igneous Rock Group, LLC |
Imperial Aggregates Group, LLC |
Inshore Group, LLC |
Iris Partners, LLC |
Ivery Branch Investors, LLC |
Jackson North Investments, LLC |
Jackson River Partners, LLC |
Jackson South Investments, LLC |
JC Aggregates Partners, LLC |
Jet Rock Partners, LLC |
Jones County Quarry Investors, LLC |
Jubilee Investment Holdings, LLC |
KC Aggregates Group, LLC |
Kinchafoonee Properties, LLC |
KR Stone Group, LLC |
Lakeshore Resort Holdings, LLC |
Lamstall Investors, LLC |
Laurel Creek Investors, LLC |
Lavis Properties Investors, LLC |
Leach Road East, LLC |
Lexington Property Investors, LLC |
Lion’s Gate Investments, LLC |
Little Cedar Stands Investments, LLC |
Little Horse Creek, LLC |
Little Pumpkin Creek Investors, LLC |
Little Pumpkin Creek Investors, LLC |
Little Pumpkin Creek North Investments, LLC |
Little River Partners, LLC |
Little Satilla Investors, LLC |
LM Bass Partners, LLC |
LMS Grande Pointe, LLC |
Locust Creek Investors, LLC |
Longwood Preserve Investors, LLC |
Low Angle Group, LLC |
Lowland Creek Partners, LLC |
Magnolia Bay Resort Holdings, LLC |
Magnolia River Group, LLC |
Manatee Minerals Group, LLC |
Marchette Investments, LLC |
Matterhorn Property Investors, LLC |
Mattock Holdings Group, LLC |
McGill Investors, LLC |
Mill Creek Investors, LLC |
Monterry Cove Holdings, LLC |
Myrtle West Resort Holdings, LLC |
Nassau River Partners, LLC |
NATRSC Investments, LLC |
Norma Dean I Investors, LLC |
North Bay Cove Holdings, LLC |
North by Northwest II, LLC |
North Donald LA Investors, LLC |
North Unity Henry 92 Investors, LLC |
Northshore Property Investments, LLC |
Northwest VI Investments, LLC |
Northwest VII Investments, LLC |
Nottely River Partners, LLC |
Oak Bayou Group, LLC |
Ocean Grove Resort Holdings, LLC |
Oconee Landing Investors, LLC |
Oconee Quarry Investors, LLC |
Old Durrand Investments, LLC |
Orange Stone Group, LLC |
Orange Woods Partners, LLC |
Otter Rock Investments, LLC |
Pallur Investors, LLC |
Palmetto Minerals Investors, LLC |
Palmetto Waters Group, LLC |
Paoli Investors, LLC |
Park Lake III, LLC |
Parkerson Church Reserve Investments, LLC |
Parkerson Sands Investments, LLC |
Payne Creek Investors, LLC |
Peeksville Investments, LLC |
Picayune Pearl Aggregates Investors, LLC |
Piney Island Investors, LLC |
Pleasant Ridge Investors, LLC |
Preservation Group, LLC |
QM 40, LLC |
Quail Rock Group, LLC |
Quality Minerals Partners, LLC |
Quality Stones Group, LLC |
Queen’s Cove Holdings, LLC |
Quorum Holdings Partners, LLC |
Rabbit Bar Point Investments, LLC |
Rabun Gap Partners, LLC |
Raisal Holdings, LLC |
Ranch Springs Investors, LLC |
RDM Land Holdings, LLC |
Regional Minerals Partners, LLC |
Reliable S&G Group, LLC |
Richland Creek Investors, LLC |
Riddle Aggregates Group, LLC |
Rising Rock Partners Investments, LLC |
River Ridge Retreat Investments, LLC |
River Trace Resort Holdings, LLC |
River West SC, LLC |
Rivershore Sand Investors, LLC |
Riverside Preserve Holdings, LLC |
Roan Creek Investments, LLC |
Roaring Florida Acquisitions, LLC |
Rock Spring Investors, LLC |
Rocky Branch Investments, LLC |
Rocky Comfort Creek Investors, LLC |
Roscoe Road Investors, LLC |
Sailfish Cove Group, LLC |
Salt Marsh Holdings, LLC |
Sand Valley Investors, LLC |
Sanibel Resort Holdings, LLC |
Seavista Resort Holdings, LLC |
Seven Hawks Investments, LLC |
Shurling Investments, LLC |
South Bay Cove Holdings, LLC |
South Quail Woods Investors, LLC |
Southeastern Argive Investments, LLC |
Spade Rock Partners, LLC |
Spring Creek 1600 Acquisitions, LLC |
Spring Hill Partners, LLC |
Sterling Land Partners, LLC |
Storey Hollow Investments, LLC |
Strategic Real Estate Opportunity Fund III, LLC |
Sunfish Cove Group, LLC |
Sycamore Fork Investments, LLC |
Tanyard Investors, LLC |
Tarpon Creek Investments, LLC |
Tater Creek Investments, LLC |
Tennessee Branch Partners, LLC |
Tennessee Ranch Estates Investors, LLC |
TH 28 Partners, LLC |
Tick Creek Holdings, LLC |
Timothy Investors, LLC |
Tom’s Mountain Creek Investments, LLC |
Toscano Investments, LLC |
Two Chip Investors, LLC |
Two Chip, LLC |
Union Creek Investments, LLC |
Upland Creek Partners, LLC |
Vibrant Minerals Investments, LLC |
Vineyard Ridge Investors, LLC |
Vista Hill Investments, LLC |
Wahoo River Investments, LLC |
Waterway Grove Holdings, LLC |
West Lake Investments, LLC |
White Oak Investments, LLC |
White Path Investors, LLC |
White Sands Village Holdings, LLC |
Yacht Creek Investments, LLC |
Yankee Landing Holdings, LLC |
Yellow River Investors, LLC |
Yellowhammer S&G Group, LLC |
Yield Rock Group, LLC |
Zebra Creek Rock LLC |
Zenith Aggregates Partners, LLC |
Zorn Island Investments, LLC |
Free Consultation
If you have invested in a conservation easement (tax shelter land deal) and would like to speak to a securities attorney about the potential to recover your investment losses, please call The White Law Group at 1-888-637-5510 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. To learn more about The White Law Group visit www.whitesecuritieslaw.com.
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