Conservation tax credits - a landowner’s guide

The Colorado Conservation Tax Credit is a unique tool by which landowners can preserve their land for generations to come. The Colorado Conservation Tax Credit (Credit) is a state income tax credit of up to $375,000 available to a landowner who elects to place a conservation easement on his or her land. A conservation easement is a written agreement between a landowner and a land trust or local government open space program that preserves the conservation and, if applicable, agricultural values of the land. At the same time, it allows a landowner continued ownership and use of the land consistent with the terms of the easement. Considerations in drafting an easement include: the characteristics of the property, the conservation values to be protected, and each party’s needs and expectations.

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