Conservation Easement Tax Credits - Paonia Real Estate and Homes, Linda Lario, RE/MAX Mountain West, Paonia, Colorado

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.

Bob and Linda Lario

RE/MAX© Mountain West

P.O. Box 778

Paonia, CO 81428

Office: 970.527.7759

Toll Free: 800.571.7670

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$587,000

Paonia, CO 81428

3 Beds, 2 Baths

This beautiful Stewart Mesa property near Paonia has it all: irrigated acreage, views, manicured and landscaped yard, comfortable, low maintenance home with front porch, plus a large gravel parking area and a heated, insulated 5,000 sq. ft. industrial building. The building has (2) 14x16 doors and a 2-ton crane, office space with half bath. Irrigation is gated pipe and both concrete ditch and pipe are accessible by ATV.

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