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Breckenridge Information
Welcome > Local Info > Breckenridge Information ...

In 1961, the Breckenridge Ski Area opened, and people began to recognize the town as a winter paradise.
One of the little known secrets is that it's a summer paradise as well.

Summit County, where the town of Breckenridge resides, is full of outdoor opportunities, from hiking and biking the many trails in the area, to exploring old mining settlements and ghost towns, to all kinds of snow and winter sports. In spring, it's possible to experience the winter playground at 11,000 feet, and then drive 30 minutes to hiking and other warmer weather pursuits in the lower elevations.

Particularly in Breckenridge, art galleries abound and museums and mine tours explain the area's rich history.Settled in 1859, Breckenridge was a gold-mining town and carries the dubious honor of hosting the oldest continuously operating saloon west of the Mississippi River.
 
Everything you need on a daily basis is located right in town, and Denver, with all the amenities of a large city, is only an hour and a half away, at least when the roads are clear!

Located 80 miles west of Denver, and 10 miles south of Interstate 70, Breckenridge is in the heart of the Rocky Mountains.

 

Breckenridge Golf Course

 

Breckenridge Golf Courses

The Town of Breckenridge can boast that it is the only municipality in the world to own a Jack Nicklaus designed, 27-hole golf course the Breckenridge Golf Club

Keystone Ranch Golf Course

The course rating is 71.4 and it has a slope rating of 130 on Blue grass. Designed by Robert Trent Jones, Jr., ASGCA

The River Course At Keystone  The course rating is 70.3 and it has a slope rating of 131. The course was designed by Dr. Michael Hurdzan, ASGCA/Dana Fry, ASGCA.

Raven Golf Club At Three Peaks  The course rating is 73.8 and it has a slope rating of 135. Designed by Dr. Michael Hurdzan, ASGCA/Tom Lehman

Copper Creek Golf Club - The course rating is 67.6 and it has a slope rating of 124. Designed by Pete Dye, ASGCA/Perry Dye, ASGCA 
104 Wheeler Place Copper Mountain (970) 968-3333

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Real Estate Tips
Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Real Estate Trivia
Q 
What acclaimed house built of stone, concrete, and glass is built over a waterfall?

A 
Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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Breckenridge For You, Jim Schlegel, REALTOR®, real estate agent and broker for Breckenridge, Summit County and Frisco Colorado home listings, property and land for sale - NUMBER1EXPERT(tm)

Breckenridge For You, Jim Schlegel
RE/MAX Properties of the Summit

220 South Main
Breckenridge, CO. 80424
800-289-7005
Fax: 970-453-7364
Email: Jim@BreckenridgeForYou.com


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