Matty continued speaking confidently, "The thirty thousand acres of land, to the IRS, isn't a single entity, but a series of assets that can be split."
"We'll designate a portion of the core area as your primary residence."
"And the larger area, such as more than twenty thousand acres, we will define as a commercial farm and ranch, and establish an independent operating company."
"All the company's future expenses, hiring cowboys, purchasing equipment, repairing fences, can be deducted as business expenses from taxable income."
Matty's smile grew more radiant, "And the most brilliant part is the conservation easement donation."
"We'll hire the top appraisal institutions to assess the 'future commercial development rights' of this land at a sky-high price."
"Then, you donate these rights for free to a nationwide environmental organization, committing that this land will never be used for commercial development."
