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| Home Conservation Easements Land Conservation Plan Membership Other Ways to Help Business Partners Events Screensavers About Us Newsletter Links | Tax Credit Brokers
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Selling Colorado Conservation Tax Credits Many landowners do not have enough Colorado income tax liability to use all of their conservation tax credits generated by easement donations. Fortunately, these credits are transferable and may be sold at a discounted rate to other Colorado tax payers for cash. Landowners who wish to sell their credits are encouraged to register with tax brokers as early as possible, as the credits are usually sold on a first-come, first-sold basis. Following is a list of organizations that broker the sale of conservation tax credits. The rates vary by broker and closing date, but landowners can generally expect to receive about 80% of the value of their credit through a sale. Tax credit brokers may require the following documents in order to match your credit with a buyer: 1) Recorded copy of the Deed of Conservation Easement 2) Complete qualified Conservation Easement Appraisal dated no more than 60 days before easement closing 3) Mineral Assessment of the property if you do not own all of the minerals 4) Current Title Commitment or Title Insurance Policy 5) Baseline Inventory (Present Conditions Report) We recommend you call the broker to confirm their individual requirements and their deadline for turning in your completed documents.
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Middle Park Land Trust |
