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Featured Paonia-Crawford-
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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.
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Office: 970.527.7759 Toll Free: 800.571.7670
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Copyright 2006 The Lario Team - All Rights Reserved |
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