Your Source for Summit County Real Estate
At the Dillon Town Council meeting on September 21st, the council voted not to enact the proposed short term rental license moratorium. They could go through this process again and put one into place at a later date, but for now, they have decided to let things ride while they do more research. There will […]
At a council meeting today, September 21st, the Dillon Town Council will discuss and vote on a short term rental license moratorium until the end of April. The council has seen short term rental (STR) applications increase recently due to the moratorium imposed by Summit County and the cap being considered in Breckenridge. As a […]
The Breckenridge Town Council heard public comment until late into the night at their September 14th meeting. In the end, the council voted unanimously to move forward with the proposed short term rental cap. The meeting was recorded so if you missed it or, like me, went to bed before it ended, you can watch […]
On the afternoon of September 14, 2021, the Board of County Commissioners voted unanimously to approve a short term rental license moratorium. The moratorium goes into effect at 11:59 PM on Friday September 17th for properties in unincorporated Summit County with a couple of exceptions. The exceptions are both Copper Mountain and Keystone. Owners of […]
It feels like there’s an assault on short term rentals across Summit County. Last week the town of Breckenridge decided to cap short term rental permits and this week Summit County is talking about a short term rental permit moratorium. Summit County is a resort area and a tourist economy yet the town and county […]
The Breck Town Council recently met to discuss limiting short term rental licensing. There are currently nearly 4,000 short term rental licenses in Breckenridge right now. The Town Council is drafting legislation to limit the number of permits to 2200. If they agree to the language, this could go into effect November 2, 2021. They […]
It was just announced that Summit County, Colorado is not ready to welcome out of town visitors yet. Officials are extending the short term rental prohibition beyond the initial April 30 date. The extension now goes until the end of May. Typically, May is not a busy time of year in Summit County. Recreation is […]
A bill was recently introduced to Colorado legislatures that proposed a property tax hike for owners of residential properties that engaged in short term rentals. That proposed change has caused quite an uproar in Colorado resort markets like Summit County. Our Realtor organization fought back and as a result we have been told the tax […]
Recently introduced Senate Bill 20-109 could have huge impacts on your income if you short term rent a Colorado property. In fact, if passed, your Colorado property tax on rental property would likely double. Luckily, it’s still early in the process and we all have time to voice our opinions. What Properties are Impacted? In […]
The state of Colorado has some proposals in the works that would raise the property tax rates on short term rentals. We have been hearing rumors of this happening since late last year. It sounds like now they are working on something to make it a reality. We need both facts and opinions about the […]
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