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...
New affordable housing rule, CO has first right of refusal on your property

New affordable housing rule, CO has first right of refusal on your property

There is yet another proposal in the statehouse on affordable housing.  This new bill would allow governments the first right of refusal on basically any multifamily property and require notice to the government of any intent to sell prior to listing with huge fines...
Will Colorado ski town buyers pay realtors 70k upfront?      

Will Colorado ski town buyers pay realtors 70k upfront?      

The recent settlement by the national association of realtors will have an outsize impact on Colorado ski towns.  Will prospective buyers pony up 70k to pay their buyers agent based on the median home price in Summit County?  What does the recent settlement mean for...
Colorado will turn off wells in one part of state; billions “taken” from property owners

Colorado will turn off wells in one part of state; billions “taken” from property owners

  It is amazing that Colorado continues to pursue a growth strategy throughout the state with the knowledge that we are basically out of water.  The issue of water is coming to a head in one part of the state.  Colorado is legally required to stop irrigating...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...
Vail pass sales increase 86%, Colorado mountain towns revolt

Vail pass sales increase 86%, Colorado mountain towns revolt

What does the increased tension between Vail and ski towns mean for real estate?   Vail, the owner of major ski resorts and the epic pass, is selling approximately 86% more passes than in 2019.  At the same time mountain towns throughout Colorado and the country...