Airbnb growth slows, what does this mean for Colorado ski real estate?

Airbnb growth slows, what does this mean for Colorado ski real estate?

  10 years ago, nightly rentals were a novel concept, fast forward to 2024 and the number of nightly rentals has surged over 40% in the last 5 years.  What does this huge increase in nightly rentals mean for real estate values?  Has the real estate market gotten...
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...
Does a faulty outlet make a property uninhabitable, in Colorado it now does.

Does a faulty outlet make a property uninhabitable, in Colorado it now does.

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 law is titled “safe housing”. Who doesn’t want...
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...