Krystal Knott & Brett Rudolph
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Breckenridge Colorado Real Estate Transfer Tax

Breckenridge Colorado Real Estate Transfer Tax

If you are planning on purchasing Breckenridge Colorado Real Estate, it is important to know if any of the properties you are considering are subject to a transfer tax.  If a property is located within the city limits or located close to Town but annexed into the Town of Breckenridge Colorado, then it is subject to a transfer tax of 1.0% of the purchase price.  In-town property examples include Breckenridge single family home subdivisions such as Shock Hill, Boulder Ridge, Corkscrew Flats and more.  Subdivisions that were annexed into the Town of Breckenridge include those such as The Highlands at Breckenridge, The Shores at Breckenridge, etc.

A smaller number of subdivisions and complexes in Breckenridge Real Estate are part of the Metropolitan Tax District – properties included in this District are subject to a Breckenridge Colorado Real Estate Transfer Tax of 2.0% of the purchase price.  The Metropolitan Tax District includes such Breckenridge properties as Timber Trail, One Ski Hill Place, Crystal Peak Lodge, Mountain Thunder Lodge, as well as others.

When purchasing a property in Breckenridge Colorado Real Estate, the transfer tax is a negotiable item which is typically paid at Closing by the Buyer, Seller or split between the Buyer and Seller.  Contact Krystal Knott with LIV Sotheby’s International Realty to discuss transfer taxes in Breckenridge as well as start your search for your ideal piece of Breckenridge Colorado Real Estate.

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