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...
Colorado tenant rights radically altered, landlords beware

Colorado tenant rights radically altered, landlords beware

  Every time I open the news, I’m amazed at what is happening in the Colorado legislature.  As a rental property owner, I cringe as it is becoming next to impossible to cost effectively operate a rental property.  The new bill is titled “safe housing”. Who...
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...