Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

Coloradans can defer payment on a big chunk of their rising property tax bill; should you???

The legislature passed a little known bill in 2021 to allow property owners to defer their property taxes above 4% increase starting in 2023.  On the surface, this sounds like a great plan.  Why wouldn’t someone want to defer their property taxes.  Unfortunately the...
Colorado property values soften. Ready for a 51% jump in your property taxes

Colorado property values soften. Ready for a 51% jump in your property taxes

Get ready for sticker shock as this year is a reassessment year.  As values soften throughout the state, will your property taxes finally go down?  Unfortunately the short answer is just the opposite, look for your taxes to jump an astronomical amount.  How can...
Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

Legislature reaches compromise to reduce property taxes, but your property taxes still going up 37%

With initiative 74, which I wrote about last week, looking to likely pass, legislatures agreed to a last-minute compromise to try to avert a showdown over initiative 74. The solution, Senate Bill 238 to reduce property taxes.  Unfortunately, the math doesn’t add...
My property taxes went up 20% and yours went up the same or more

My property taxes went up 20% and yours went up the same or more

  Welcome to tax time in Colorado.  Property tax bills are being mailed out and you are sure to be in for a shock.  I just looked at my bill and my tax bill went up 20% from last year!  I’ve seen throughout the front range and various mountain...
Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

Is help on the way for spiraling Colorado real estate taxes? What is Initiative 27?     

If you got your recent tax assessment, I am sure you have a little sticker shock.  Not only are values going up but so are your property taxes.  Fortunately, there could be some relief on the way.  What is in the new ballot initiative 27 and how much will this save...

New Proposed tax plan will eliminate millions of acres of Colorado Open Space

I am always amazed at how out of touch our elected officials are with what happens in the real world.  The new tax plan circulating through Congress is no exception with the supposed target high net worth taxpayers, but middle class, small business owners, farmers,...