Hammersmith Landing Holdings LLC – Goodman & Nekvasil P.A. May Recover Investor Losses on Conservation Easements
Hammersmith Landing Holdings LLC – Goodman & Nekvasil P.A. May Recover Investor Losses on Conservation Easements
Goodman & Nekvasil, P.A. is investigating potential investment fraud claims involving broker-dealers who sold conservation easements to unsuspecting investors.
The Internal Revenue Service announced a significant increase in enforcement actions for syndicated conservation easement transactions, a priority compliance area for the agency.
Hammersmith Landing Holdings reportedly filed a form D to raise capital from 98 investors with the total offering amount sold was purportedly $10,665,048, and the minimum amount accepted by any outside investor of $11,427.
Sales commissions and fees on the offering were estimated at $1,162,355, according to SEC filings.
According to the SEC Form D, the managing entity is EcoVest Capital.
The IRS has reportedly seen abuses of this tax provision and it is currently investigating taxpayers who are using questionable appraisals, and taking inappropriately large deductions for easements.
Investors who received charitable contribution deductions of more than 2.5 times their investment could possibly be audited, and potentially even hit with a revised tax bill.
Investors in Hammersmith Landing Holdings May Recover their Losses with Goodman & Nekvasil, P.A.
If you invested in Hammersmith Landing Holdings, Goodman & Nekvasil, P.A. may help you. Goodman & Nekvasil, P.A., a Clearwater, Florida, law firm with a national practice representing victimized investors, has recovered more than $180 million dollars on behalf of victimized investors.
All our cases are handled on a purely contingency fee basis by Kalju Nekvasil, Esq., formerly regional counsel with the NASD, now known as FINRA. Kalju Nekvasil, Esq. has practiced in this area of the law for more than 35 years.
There is no charge for an evaluation of your case. Further, we handle our cases on a contingency fee basis. This means that unless we recover money for you, we charge no attorney’s fee. Unless you recover any money, you pay us nothing, not even the costs and expenses which the firm will advance on your behalf. If you incurred investment losses in Hammersmith Landing Holdings and would like your case evaluated by a securities attorney (again, there is no charge for an evaluation and all cases are handled on a purely contingency fee basis), please contact us.