h

Loan Application

303-963-9251

h

Loan Application

(303) 963-9251

Property tax increase of 300% on rentals

Property tax increase of 300% on rentals

by | Jan 30, 2020 | Uncategorized

Republican Bob Gardner from Colorado Springs has proposed a property tax increase in bill 20-109 that will tax nightly rentals as commercial property.  This bill is gaining support from local residents and city councils and will have substantial impacts on mountain...
Ready for your property taxes to increase 4 times; a new amendment is on the table

Ready for your property taxes to increase 4 times; a new amendment is on the table

by | Sep 21, 2018 | Colorado Commercial Property Valuation, Colorado Hard Money, Colorado Private Lending, Colorado Real Estate values, Colorado Ski real estate, Colorado Ski towns, Condo Lending, Denver real estate values, Ski lending/ investing

The state legislature is considering a bill that would tax residential nightly rentals (any rentals less than 30 days) as commercial properties.  This would change the tax assessment on a statewide level.  On the surface it doesn’t seem like a big deal, but commercial...