Scheidelman v. Commissioner of Internal Revenue, No. 13-2650 (2d Cir. 2014)Annotate this Case
Taxpayer donated a facade conservation easement to the National Architectural Trust, and claimed a charitable deduction under I.R.C. 170(f)(3(B)(iii). On appeal, Taxpayer challenged the Tax Court's judgment finding that the easement had no negative impact on the value of her property. The court concluded that the Tax Court's conclusion that the facade easement did not reduce the fair market value of Taxpayer's house was supported by substantial evidence. The court rejected Taxpayer's claim under I.R.C. 7491. Accordingly, the court affirmed the judgment of the district court.