New Colorado short term rental bill to define “commercial” use differently

New Colorado short term rental bill to define “commercial” use differently

The original Colorado short term rental bill is still moving through the legislature but now there is a competing bill to also classify short term rentals as commercial properties but with a big twist from the first bill.  The new bill proposes to try to tax...
Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra (Ikon) buys Arapahoe Basin, impact on ski real estate

Alterra Mountain Company has announced that it has entered into an agreement to purchase Arapahoe Basin in Colorado, from Dream Unlimited Corp., expanding Alterra’s portfolio of destinations in the Rockies.  What does this mean for real Colorado ski real estate? ...
Bill to quadruple taxes on short term rental passes out of committee

Bill to quadruple taxes on short term rental passes out of committee

With the failure of proposition HH, the Colorado legislature is on the hunt for tax revenue and nightly rentals are in the cross hairs. Not surprisingly, the recent proposal to quadruple taxes on nightly rentals recently passed out of Colorado legislative committee...
Vail pass sales increase 86%, Colorado mountain towns revolt

Vail pass sales increase 86%, Colorado mountain towns revolt

What does the increased tension between Vail and ski towns mean for real estate?   Vail, the owner of major ski resorts and the epic pass, is selling approximately 86% more passes than in 2019.  At the same time mountain towns throughout Colorado and the country...
Copper and Keystone outperform Breckenridge, why?

Copper and Keystone outperform Breckenridge, why?

Over the last several years both Keystone and Copper Mountain have appreciated at almost double the rate of Breckenridge.  Why the sudden change in fate for Copper Mountain and Keystone?  What big changes occurred in governmental regulations to cause the surge in...
Did Breckenridge implement rent control? Did Summit County take “property rights”?

Did Breckenridge implement rent control? Did Summit County take “property rights”?

A federal judge has effectively frozen a legal battle over Summit County’s short-term rental regulations — at least temporarily — after county officials filed a motion to dismiss a lawsuit brought by area homeowners. One of the claims of homeowners is that the new...