Questionable use of Colorado zoning laws and the tax implications.

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Real Estate Agent with ReThink Real Estate Group 014118
Good local news article regarding the use of "AG-land" tax status. I have dealt with this in a current listing of 250+ acres in Parker CO. Clients tax bill hiked 70,000 dollars last year without notice. Clients zoning did not change but their use did. The question lies within the area of abuse. This could be used to fund schools but how much will it cost to fix?
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Cory Fitzsimmons, REThink Real Estate Group, Golden, CO 720-581-2885

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Tags:
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Rainmaker
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Joetta Fort
The DiGiorgio Group - Arvada, CO
Independent Broker, Homes Denver to Boulder

I've been reading Sen. Hudak's notes on making changes to get more tax money from these lands, I didn't realize they were private land. I thought it was all about land that is owned by the state. This story puts a whole new twist on it.  I should have known. 

Mar 15, 2011 07:23 PM #1
Rainmaker
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Cory Fitzsimmmons
ReThink Real Estate Group - Golden, CO
Realtor - Denver, CO ReThink real estate group

thanks for your comment Joetta.  I have seen this on multiple occasions and usually going against the "true land owners".  Of course abuse by a few costs most tax payers.  i can see developers getting away with it but on a large scale it adds up.  The question becomes "how much" will it cost to police and "how much" could be used in other struggling tax payer avenues? 

Mar 22, 2011 11:49 AM #2
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Rainmaker
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Cory Fitzsimmmons

Realtor - Denver, CO ReThink real estate group
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