Another property tax compromise, 2 tax ballot questions pulled

Another property tax compromise, 2 tax ballot questions pulled

Will Colorado property owners actually see real property tax relief?    Property owners are fed up with the run away increases in Colorado property taxes and yet the legislature has done very little.  The governor and legislature blinked from the threat at the ballot...
Real Colorado property tax reduction on the ballot in 2024

Real Colorado property tax reduction on the ballot in 2024

With little real progress on property tax relief by the legislature (above is the legislative fix), there is an initiative now on the November ballot to radically alter how property taxes work in Colorado.   The new initiative would cap property taxes with a...
New Colorado property tax bill; will you actually save money

New Colorado property tax bill; will you actually save money

In the waning hours of the legislative session, a grand tax bill reduction was introduced to supposedly offset the 40-50% increases in the last tax cycle. The headlines are everywhere “Bipartisan bill would bring long-term property tax relief for Colorado homeowners”....
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...
Own a vacant building in Lakewood, the city will send you a bill

Own a vacant building in Lakewood, the city will send you a bill

New vacant building tax immediately implemented Lakewood, CO just implemented the first vacant building tax I have seen in Colorado.  It seems a bit counterintuitive to put more taxes on a property owner that is already struggling with vacancy.  Why did Lakewood...
Second homeowners charged higher property taxes in Colorado

Second homeowners charged higher property taxes in Colorado

Although HH, the Colorado tax reduction initiative was ultimately defeated, there was one profound item in the legislation that will have far reaching impacts.  One of the biggest changes in the proposal is that second homeowners (non-primary residents) are now paying...