 |
 |
 |
 |
 |
 |
|
Conservation Easement Tax Credits
The State of Colorado created economic incentives for landowners by adopting the Conservation Easement income tax credit. The tax benefits of a Conservation Easement are, first, an immediate charitable gift of the development rights with the donation or sale at less than fair market value of the Conservation Easement to a qualified land trust. This can be taken as a tax credit against Colorado income tax. It can also create a federal income tax deduction for the landowner. In addition, the property value for estate tax purposes can be drastically lowered by a Conservation Easement, and allow an additional partial exclusion from the estate tax. In certain cases, a Conservation Easement will also lower property taxes due to the reduced value of the property. Please contact Bob and Linda Lario for more information on Conservation Easements, and for a Contact List of people who can help in this process. |
||||
