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...
Short term rentals coming for the suburbs of Denver, Colorado

Short term rentals coming for the suburbs of Denver, Colorado

Joining Denver and some of Colorado’s biggest ski towns, which have created strict rules for STRs in recent years, residents across Jefferson County (suburb of Denver) say they have fallen victim to an issue that has long plagued other parts of the state.Ā  Why...
Vail sues Vail, town of Vail Ā has resounding win; what does this mean for real estate?

Vail sues Vail, town of Vail Ā has resounding win; what does this mean for real estate?

First, I had to share the joke above.  For anyone that lives or spends time in the mountains it is unfortunately very relatable😊 It is a bit ironic (and confusing) as the company Vail resorts sues the city that its name originated from.  The suit...
2 new bills signed into law that will cause Colorado property insurance to skyrocket

2 new bills signed into law that will cause Colorado property insurance to skyrocket

Colorado has not learned from the debacles in Florida and California and instead created their own public property insurance plan in the recent legislative session.Ā  Furthermore, the government now dictates the amount of insurance that must be provided by carriers.Ā ...
Aspen/Pitkin County lines up ban on short-term rentals

Aspen/Pitkin County lines up ban on short-term rentals

Aspen continues leading the way in Colorado on nightly rental regulations.  Historically what happens in Aspen ultimately flows through to other mountain communities.  What is in the exclusion of nightly rentals in Pitkin County?  Are these new...
What to expect in Colorado real estate the second half of the year; will the party continue?

What to expect in Colorado real estate the second half of the year; will the party continue?

Wow, the first half of 2023 has been relatively good in real estate throughout most markets.  Volumes are down substantially, but there has been little movement in prices.  Even with higher interest rates, most areas have stayed relatively flat, but the...