Does the conservation easement qualify for a federal deduction under section 170(h) of the Internal Revenue Code?
Is the landowner a Colorado resident taxpayer or otherwise qualified for tax credit?
Has the conservation organization acknowledged to Colorado Department of Revenue that it has reviewed the tax credit schedule to be filed and the property is accurately described?
Does the landowner intend to use or transfer the tax credit?
If the landowner intends to transfer the tax credit, has he or she arranged for a private placement with another taxpayer or obtained a preliminary sales commitment from a tax credit facilitator?
