How To Register to Buy or Sell Tax Credits



Since 2005, James and Theresa Adam have permanently preserved 320 acres of
ranch land where they graze cattle in the winter months. The property is west of the West Elk
Mountain Range and offers spectacular views of the surrounding mountains and canyons.

 

Buying and Selling Credits
If you’re interested in buying or selling Colorado conservation easement tax credits, simply download the appropriate form below and return it to Tax Credit Connection, Inc. To register for Tax Credit Connection’s program, you need to complete an application form detailing the amount of the credit you wish to buy or sell. Generally, transfers must close by April 15, 2009 for use to offset taxes owed for 2008. Tax Credit Connection, Inc. provides incentives to buyers who choose to buy their credits early. Special rules apply to taxpayers who donated easements before June 7, 2005 or who have a fiscal year that is not the calendar year. Please contact us for additional information about these circumstances. EARLY REGISTRATION IS RECOMMENDED.


Seller Requirements
Sellers of Conservation Easement tax credits must submit a registration form to Tax Credit Connection, Inc. as well as copies of the following documents:

Recorded conservation easement
Conservation easement appraisal
Baseline Documentation Report
Title Commitment
Acknowledgement letter from Grantee organization
Federal tax form 8283 and its attachment
State tax forms 1303, 1304, 1305,and 1299

The following documents are only needed in some cases:

Mineral report
Subordination agreement

All of these documents will be reviewed thoroughly by Tax Credit Connection, Inc's staff before the tax credits are sold. For more details, please refer to Page 2 of our Seller Form, whcih can be downloaded below, or contact staff at (303) 774-8195.

Download Seller form (pdf format)


Buyer Requirements
In general, buyers must purchase the credits by April 15, 2009 for use to offset taxes owed for 2008. There are price incentives for buyers to close earlier than April 2009. Please see Buyer Registration Form for incentive pricing. EARLY REGISTRATION IS RECOMMENDED TO ENSURE CREDITS ARE AVAILABLE FOR YOU.

Download Buyer form (pdf format)

If you need Adobe Acrobat Reader, you can download it from their website by clicking on the icon below.

Adobe Reader


Ariel Steele
Tax Credit Connection, Inc.

P.O. Box 6618 Longmont, CO  80501
303-774-8127 (phone) 303-682-3275 (fax)

ariel@taxcreditconnection.com


The information provided in this website is for general purposes only. Tax Credit Connection, Inc. does not provide legal advice. Interested buyers and sellers should consult their own legal and tax or financial counsel for information on their specific circumstances and advice on the legal consequences of buying or selling a Colorado conservation easement income tax credit. AlthoughTax Credit Connection, Inc. has used best efforts to ensure that the information provided on this site is accurate and reliable, we do not guarantee that it is fully correct or complete in every respect.  

© 2006 Tax Credit Connection