With foreclosures on the rise, it is no wonder that Colorado’s unique public trustee approach to the bank/borrower relationship finds itself in the limelight. The CEO of RealtyTrac was quoted in a recent USA Today article suggesting that foreclosure-related sales will increase this year “as lenders start to more aggressively dispose of distressed assets held
April 2012
Conservation Easement Tax Updates
By Otten Johnson on
Important Court Decision Regarding Colorado Conservation Easement Tax Credits
On March 15, 2012, the Colorado Court of Appeals announced its decision in Kowalchik v. Brohl. The Court’s opinion in Kowalchik includes two key findings that will significantly impact the rights of Colorado taxpayers who purchased state conservation easement income tax credits from conservation easement…