11th Circ. Mulls Tax Court's Cut To $33M Easement Deduction

By Natalie Olivo · August 14, 2026, 5:00 PM EDT

An Eleventh Circuit panel grappled Friday with valuation questions regarding a Georgia conservation easement, including whether the U.S. Tax Court erred in rejecting the IRS' determination while still using the agency's...

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Case Information

Case Title

Seabrook Property, LLC v. Commissioner of Internal Revenue

Case Number

25-12126

Court

Appellate - 11th Circuit

Nature of Suit

Agency 

Date Filed

June 23, 2025