Live like a local, pay hotel property taxes on nightly rentals

Live like a local, pay hotel property taxes on nightly rentals

Big changes in store for Colorado real estate in the upcoming legislature   Colorado Governor Polis, in a recent interview, called short term rentals paying residential rates a “loophole” that he supports closing.  “Residential properties that work like hotels...
Colorado’s back door tax hike allows local governments to grow 20 times inflation.

Colorado’s back door tax hike allows local governments to grow 20 times inflation.

Property taxes in Colorado are off the charts with many seeing an increase of 40% plus in the last assessment which is considerably higher than any inflation measure.  Lawmakers took up the cry from voters with a vengeance coming up with a solution that not only makes...
Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Tax bills double in  CO mountain towns, new legislation doesn’t help, you can reduce your taxes   

Our legislative branch and Governor have touted a new proposal to drastically reduce property taxes after they have skyrocketed due to increasing values and the elimination of the Gallagher amendment.  Unfortunately the new bill will not help the overwhelming...
New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

New property tax bill is radically altered leads to huge tax increases and allows local governments to grow 20 times inflation.

Wow! You can always hand it to the politicians to take a simple property tax measure and fill it to the brim so in the end it costs more than it actually saves you.  In a last-ditch effort, the Colorado legislature approved: SB23-303 Reduce taxes and voter...
Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Taxes jump, you have 30 days, how do you appeal (quick guide) and should you?

Get ready for sticker shock; as you will be receiving your new  tax assessment in the next few weeks (typically the beginning of May) and time is of the essence as you have a limited window if you want to fight your tax value.  How can assessed values continue to...
Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

The legislature passed a little known bill in 2021 to allow property owners to defer their property taxes above 4% increase starting in 2023.  On the surface, this sounds like a great plan.  Why wouldn’t someone want to defer their property taxes.  Unfortunately the...