Live like a local, pay hotel property taxes on nightly rentals

Live like a local, pay hotel property taxes on nightly rentals

Big changes in store for Colorado real estate in the upcoming legislature   Colorado Governor Polis, in a recent interview, called short term rentals paying residential rates a “loophole” that he supports closing.  “Residential properties that work like hotels...
Real Colorado property tax reduction on the ballot in 2024

Real Colorado property tax reduction on the ballot in 2024

I wrote last week about proposition HH to eliminate Tabor under the guise of property tax relief.  It is a bit ironic that it was just announced that there is a new property tax initiative that qualified for the 2024 ballot, initiative 50.  The new initiative would...
Colorado’s back door tax hike allows local governments to grow 20 times inflation.

Colorado’s back door tax hike allows local governments to grow 20 times inflation.

Property taxes in Colorado are off the charts with many seeing an increase of 40% plus in the last assessment which is considerably higher than any inflation measure.  Lawmakers took up the cry from voters with a vengeance coming up with a solution that not only makes...
Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Colorado mortgage payments set to skyrocket even if you have a fixed mortgage

Nobody is talking about the impending storm coming for Colorado property owners.  Even with fixed rate mortgages, payments are set to skyrocket next year.   What will cause everyone’s payments to jump in 2024 on top of large increases already for 2023...
Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Appealed your Colorado property taxes, what is next, one fundamental flaw in assessor data.

Hopefully many of you on this list took the time to appeal your Colorado property taxes.  I absolutely did!  For my appeal, I filed the formal appeal and also spoke with the assessor to discuss.  I got my letter this week and the assessor refused to...
New lawsuit could void Colorado property tax relief

New lawsuit could void Colorado property tax relief

The ink was not even dry on the new proposal to reduce property taxes and radically alter Tabor that is supposed to go to voters in November when a lawsuit was filed.  Although, many legislators are acting surprised, the lawsuit was so obvious based on how the...