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IRS Form 8283 (appraisal summary)
and Supplemental Statement
Appendix D
Appendix D
Rule 1: Contiguous Parcel
Treas. Reg. § 1.170A-14(h)(3)(i) - 4th sentence
If land contiguous to the land encumbered by the...
Rule 2: Enhancement
Treas. Reg. § 1.170A-14(h)(3)(i) - 5th sentence.
If the easement enhances the value of:
(i) non-contig...
IRS Form 8283
Noncash Charitable Contributions
Filling out the form correctly and
completely . . .
Appendix D
Example 1: Simple Donation
CE Protected Land
Before easement value: $1,000,000
After easement value: $ 700,000
Easement va...
Example 1: Simple Donation
Before easement value: $1,000,000
After easement value: $ 700,000
Easement value: $ 300,000
App...
Example 2: Simple Bargain Sale
CE Protected Land
Before easement value: $1,000,000
After easement value: $ 700,000
Easemen...
Example 2: Simple Bargain Sale
Before easement value: $1,000,000
After easement value: $ 700,000
Easement value: $ 300,000...
Example 3: Rule 1 Contiguous Parcel
CE Protected Land Contiguous Parcel
value increased
by easement donation
Before-easeme...
Example 3: Rule 1 Contiguous Parcel
Before easement value of entire contiguous parcel: $1,500,000
After easement value of ...
IRS Chief Counsel
Memorandum 201334039
Footnote 1
“Whether the entire contiguous parcel is valued
as one large property or...
Example 4: Rule 2 Enhancement
CE Protected Land Noncontiguous
Parcel
value enhanced
$50,000 by
easement donation
Before ea...
Example 4: Rule 2 Enhancement
Before easement value: $1,000,000
After easement value: $ 700,000
Easement value: $ 300,000
...
Treas. Reg. § 1.170A-13(c)(5)(iii)
If two or more appraisers contribute to a single appraisal, each appraiser must
comply ...
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Appendix d

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Appendix d

  1. 1. IRS Form 8283 (appraisal summary) and Supplemental Statement Appendix D Appendix D
  2. 2. Rule 1: Contiguous Parcel Treas. Reg. § 1.170A-14(h)(3)(i) - 4th sentence If land contiguous to the land encumbered by the easement is owned by the donor or a member of the donor’s family, the deduction is equal to the difference between the before-easement and after- easement values of the entire contiguous parcel. The family of an individual shall include only his brothers and sisters (whether by the whole or half blood), spouse, ancestors, and lineal descendants. Appendix D
  3. 3. Rule 2: Enhancement Treas. Reg. § 1.170A-14(h)(3)(i) - 5th sentence. If the easement enhances the value of: (i) non-contiguous land owned by the donor or a member of the donor’s family or (ii) contiguous or non-contiguous land owned by a “related person,” the donor’s deduction must be reduced by an amount equal to the value of any such enhancement. “Related person” is defined to include family members and certain entities Appendix D
  4. 4. IRS Form 8283 Noncash Charitable Contributions Filling out the form correctly and completely . . . Appendix D
  5. 5. Example 1: Simple Donation CE Protected Land Before easement value: $1,000,000 After easement value: $ 700,000 Easement value: $ 300,000 Deduction is $300,000 Appendix D
  6. 6. Example 1: Simple Donation Before easement value: $1,000,000 After easement value: $ 700,000 Easement value: $ 300,000 Appendix D
  7. 7. Example 2: Simple Bargain Sale CE Protected Land Before easement value: $1,000,000 After easement value: $ 700,000 Easement value: $ 300,000 Landowner is paid $150,000 for easement Deduction is $150,000 Appendix D
  8. 8. Example 2: Simple Bargain Sale Before easement value: $1,000,000 After easement value: $ 700,000 Easement value: $ 300,000 Landowner is paid $150,000 for easement Appendix D
  9. 9. Example 3: Rule 1 Contiguous Parcel CE Protected Land Contiguous Parcel value increased by easement donation Before-easement value of entire contiguous parcel: $1,500,000 After-easement value of entire contiguous parcel: $1,250,000 Easement value: $ 250,000 Deduction is $250,000 Appendix D
  10. 10. Example 3: Rule 1 Contiguous Parcel Before easement value of entire contiguous parcel: $1,500,000 After easement value of entire contiguous parcel: $1,250,000 Easement value: $ 250,000 Appendix D
  11. 11. IRS Chief Counsel Memorandum 201334039 Footnote 1 “Whether the entire contiguous parcel is valued as one large property or as separate properties depends on the [HBU] of the entire contiguous parcel.” Appendix D
  12. 12. Example 4: Rule 2 Enhancement CE Protected Land Noncontiguous Parcel value enhanced $50,000 by easement donation Before easement value: $1,000,000 After easement value: $ 700,000 Easement value: $ 300,000 Deduction is $250,000 Appendix D
  13. 13. Example 4: Rule 2 Enhancement Before easement value: $1,000,000 After easement value: $ 700,000 Easement value: $ 300,000 CE enhances value of noncontiguous parcel by $50,000 *Address $50,000 Enhancement in Supplemental Statement Appendix D
  14. 14. Treas. Reg. § 1.170A-13(c)(5)(iii) If two or more appraisers contribute to a single appraisal, each appraiser must comply with the [Treasury Regulation requirements] …, including signing the qualified appraisal and appraisal summary. Appendix D

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