Property tax increase of 300% on rentals

Property tax increase of 300% on rentals

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...
Real Estate Inventory down almost 30% in Denver

Real Estate Inventory down almost 30% in Denver

  According to the Colorado Association of Realtors, Denver real estate inventory fell 29% in December, number of sales increased 17% and sold price increased 5%. Breckenridge and Steamboat also saw listings decline by almost 30% with prices increasing modestly....
Metro Denver counties win supreme court approval to limit growth

Metro Denver counties win supreme court approval to limit growth

After being tied up in litigation, the Colorado Supreme Court just authorized a new anti growth initiative to substantially limit growth within the 11-county metro area (from CO springs to Ft. Collins) and all the cities/towns within. The new initiative limits new...
Airbnb rental owners beware:  Felony charges filed on nightly rentals

Airbnb rental owners beware:  Felony charges filed on nightly rentals

I always hate in the news where you hear about a story and are left wondering how it was actually resolved.   A few months ago, Denver began filing felony charges against homeowners for illegally renting properties via airbnb and Homeaway and lying on the affidavit. ...