IRS Ruling Qualifying Agricultural Conservation Easements for Like-Kind Exchange (1)

This IRS Private Letter Ruling states that easement protected agricultual land may be exchanged for an unencumbered fee simple interest in other agricultural land under section 1031 of the Internal Revenue Code.

Downloadable Documents: 
Citation: 
Priv. Ltr. Rul. 92-15-049 (Jan. 15, 1992).
Law Category: 
Federal Administrative Regulations / Guidelines