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Income derived from any ownership interest in real or tangible personal property located in Colorado (e.g., leases and licenses) is Colorado-source income, regardless of whether the Nonresident carries on a Business within Colorado and regardless of the place where the sale of such property is consummated.

DR 0104CR - Individual Credit Schedule. Use this schedule to calculate your income tax credits. For best results, view the DR 0104 Booklet(opens in new window) for line-by-line information about claiming these credits. View & Download Form DR 0104CR (2023) View & Download Form DR 0104CR (2022)

Resident Estates and Trusts Every resident estate and resident trust with Colorado-source income must file a Colorado Fiduciary Income Tax Return if it is required to file a federal income tax return, or if a resident estate or trust has a Colorado tax liability.

This Certificate is Optional for Employees. That calculation is designed to withhold the required Colorado income tax due on your wages throughout the year, and it will generally result in a refund when you file your Colorado income tax return.

Water rights in Colorado are regarded as real property, similar to real estate, and ownership is very flexible. A water right can be bought, sold, moved and switched from one use to another, such as from farming to domestic.

SOURCE OF WATER Colorado requires that sellers disclose a property's potable wa- ter source (if any) to potential buyers in connection with a real estate transaction.

Colorado sellers must disclose known defects to potential buyers. Before you finalize your house sale in Colorado, prospective buyers will want to know as much as possible about the property's physical condition and any problems that could affect the house's value, use, or desirability.

Some homebuyers wonder if every page or change on a real estate contract needs to be separately initialed by both parties to make it legal. The short answer is no, but if it is initialed, it is better proof that all terms were brought to everyone's attention should things go wrong.

Due diligence in real estate is the same idea. It's when a buyer researches everything they can during the contract period: financial and maintenance documents, physical condition of the home, insurance documents, the land the property is built on, the environment and surrounding areas.