New Colorado property tax bill; will you actually save money

New Colorado property tax bill; will you actually save money

In the waning hours of the legislative session, a grand tax bill reduction was introduced to supposedly offset the 40-50% increases in the last tax cycle. The headlines are everywhere “Bipartisan bill would bring long-term property tax relief for Colorado homeowners”....
Colorado grants itself the right of refusal on properties (passed)

Colorado grants itself the right of refusal on properties (passed)

Can the state of Colorado grant itself a first right of refusal on your property?  They just did!  This new law allows state and local governments the first right of refusal on most multifamily property and requires notice to the government of any intent to sell prior...
Will nightly rentals be taxed as commercial properties in Colorado? Did it pass?

Will nightly rentals be taxed as commercial properties in Colorado? Did it pass?

Property taxes on short-term rental properties in Colorado would more than triple under a bill drafted by state lawmakers that comes as communities from Durango to Denver grapple with surging numbers of vacation rentals.  What is in the new proposal?  How will this...
What housing bills passed and failed in Colorado Legislature?

What housing bills passed and failed in Colorado Legislature?

It has been quite the session with a ton of bills that have huge ramifications for property owners throughout Colorado.  The proposals ranged from increasing taxes on nightly rentals, evictions protections, habitability, right of first refusal and various others.  The...
New housing bill passes that drastically alters property owners’ rights & STRs

New housing bill passes that drastically alters property owners’ rights & STRs

Once again, as the legislature returns, the first order of business is housing and a recent bill “just cause for eviction” just passed that will rock the real estate industry. The recent proposal seems innocuous: “just cause for eviction” and yet hidden in the depths...
Colorado insurance premiums up 30%, State farm leaves California, 12% drop in values, is CO next?

Colorado insurance premiums up 30%, State farm leaves California, 12% drop in values, is CO next?

Just like in California, Colorado recently passed a bill to create a statewide insurance plan to write insurance policies in high risk areas.  Why are most major insurers now leaving California?  What does this mean for the future of property insurance in Colorado?...