Vacancy tax on nightly rentals 7500/unit in major ski town

Vacancy tax on nightly rentals 7500/unit in major ski town

Crested Butte, CO it the latest to propose a vacancy tax with one major shift, nightly rentals would be covered by the new tax along with second homeowners. Who knew that Colorado ski towns would be taking economic lessons from Portland Oregon,one of the worst...
One CO town proposes to tax employers for hiring workers

One CO town proposes to tax employers for hiring workers

Reading the headline, it sounds absolutely crazy to propose taxing businesses for creating jobs, but is this really a crazy idea?  Is every job worth the same in Colorado?  For example if someone builds a large hotel in Steamboat creating 15 jobs, should the developer...
Which Colorado ski town is the best 2025 investment?

Which Colorado ski town is the best 2025 investment?

As I predicted, we are starting to see some big changes in Colorado ski real estate.  Even as prices in many markets throughout the country are staying flat, some Colorado ski real estate is still increasing while others are starting to correct.  What is causing the...
4 golden rules of Ski investing

4 golden rules of Ski investing

I learned the hard way about investing in mountain towns.  I successfully lost over 100k on my first ski investment property!  Hindsight 20/20 I violated 1 of the 4 golden rules of investing in mountain property.  I developed these 4 rules after evaluating thousands...
Moose now use crosswalks, is this a harbinger for 3 big changes in Colorado ski real estate

Moose now use crosswalks, is this a harbinger for 3 big changes in Colorado ski real estate

Having lived and worked in the Colorado mountains for almost 25 years I have witnessed first hand the radical transformation that has occurred in every single ski town. How have ski town demographics changed? Is the moose a harbinger for big changes in each mountain...
6 CO ski towns rentals effect on estate

6 CO ski towns rentals effect on estate

Voters in Steamboat Springs, Aspen, Dillon, Glenwood Springs, Carbondale, and Summit County will all decide whether to impose additional taxes, with at least part of those funds in each municipality going to support affordable housing. What are the new short term...