Colorado Capital Gains Tax. In colorado capital gains become even more complicated depending on whether they came from a colorado source or not. If you re a real estate investor looking at selling a property or if you re thinking of buying a property now and thinking long term about selling it then you might be worried about what taxes you ll incur.
Additional state capital gains tax information for colorado. Investment property taxes capital gains what colorado springs investors should know july 25 2019. Federal state and local governments also tax these gains though they aren t earned income.
In colorado you ll pay capital gains taxes at the same rate you pay on your general income.
Short term capital gains are. There are short term capital gains and long term capital gains and each is taxed at different rates. Federal state and local governments also tax these gains though they aren t earned income. The tax rate you pay on your capital gains depends in part on how long you hold the asset before selling.