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...
Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Hopefully many of you on this list took the time to appeal your Colorado property taxes.  I absolutely did!  For my appeal, I filed the formal appeal and also spoke with the assessor to discuss.  I got my letter this week and the assessor refused to adjust the value...
Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property tax relief: Polis reveals plan to ease skyrocketing tax bills

Colorado property taxes were set to jump almost 50% in some markets which finally go the attention of the Colorado Governor.   At the last minute, Governor Polis put together a proposal that supposedly will drastically save taxpayers.  What is in the new proposal? ...
“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

“Apparently we are too stupid”; Colorado Mayors Blast Polis’ statewide zoning proposal

With a supermajority, the legislature has been busy crafting bills that will radically alter the real estate landscape.  The recent proposal allows the state to dictate zoning in every county throughout Colorado and eliminate single family zoning. Colorado mayors are...
2023 Colorado real estate predictions, will the party continue one more year?

2023 Colorado real estate predictions, will the party continue one more year?

Wow, 2022 has been quite the year in real estate.  In Denver, the average home  price peaked at $913,000, a whopping 52% increase from 2019. In Summit County (home to Breckenridge, Keystone, etc..) the average home is 1.2m up 116% since the pandemic. Even with higher...
CO Short term rental elections 20% tax rates approved, what are the results and what does this mean to you and Colorado ski real estate?

CO Short term rental elections 20% tax rates approved, what are the results and what does this mean to you and Colorado ski real estate?

Regardless of party affiliation, this has been a big voting season for Colorado real estate and there was a resounding message relayed at the polls.  Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County all decided whether...