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...
New affordable housing rule, CO has first right of refusal on your property

New affordable housing rule, CO has first right of refusal on your property

There is yet another proposal in the statehouse on affordable housing.  This new bill would allow governments the first right of refusal on basically any multifamily property and require notice to the government of any intent to sell prior to listing with huge fines...
Colorado insurance premiums up 30%, State farm leaves California, 12% drop in values, is CO next?

Colorado insurance premiums up 30%, State farm leaves California, 12% drop in values, is CO next?

Just like in California, Colorado recently passed a bill to create a statewide insurance plan to write insurance policies in high risk areas.  Why are most major insurers now leaving California?  What does this mean for the future of property insurance in Colorado?...
Colorado will turn off wells in one part of state; billions “taken” from property owners

Colorado will turn off wells in one part of state; billions “taken” from property owners

  It is amazing that Colorado continues to pursue a growth strategy throughout the state with the knowledge that we are basically out of water.  The issue of water is coming to a head in one part of the state.  Colorado is legally required to stop irrigating...
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...