Northwest Florida is largely unspoiled, uncrowded and unmatched for quality of life and recreational enjoyment. But there may be potential financial benefits-including tax incentives that make land ownership equally attractive. Such programs, which may be available, encourage conservation and protection of the beauty of Northwest Florida. Here are just a few of the property tax incentives:

Reforestation Credit - applies up to $10,000 of the expenses you incur each year to forest or reforest your property.*

Conservation Easement - a federal income tax deduction for the gift of a conservation easement.*

Greenbelt Provision - allows property taxes to be reduced if your land is used primarily for agriculture.*

Cost Sharing Programs - voluntary federal programs that share the cost of conserving, improving and restoring recreational property. These include the Forestry Incentive Program, the Wetland Reserve Program, the Wildlife Habitat Incentive, and the Forest Stewardship Program. Most of these programs provide an incentive of up to $10,000 a year.*

* Landowners and potential buyers seeking more in-depth information on these and similar programs and their potential tax savings should consult with his or her legal and tax advisor. This information is provided as a courtesy only to encourage the reader to explore such programs, if available, and is not intended as a representation or guarantee that such programs are available or applicable to any particular property being sold or marketed by The St. Joe Company or any affiliated companies.