Every time we turn around, there is another way someone has figured out to scam people. Because real estate often involves large amounts of money, it’s no surprise that there are consistently new ways someone is trying to steal that money. Recent scams include renting out properties they don’t own or sending alternate wiring instructions […]
It Pays to Convert your Short Term Rental to Long Term in Summit County
Is your short term rental (STR) income slowing with the economy? Are you no longer using your Summit County home but aren’t ready to sell. Do you want to help the locals with the current housing shortage? If you are answering yes to any or all of these questions, you may want to consider converting […]
Grants for Marshall Fire Victims
The Colorado Association of Realtors (CAR) is continuing to give grants to victims of the Marshall Fire but time is running out. If you have been displaced from your home due to damage from the Marshall Fire, you can apply for a grant to help with mortgage or rent payments. There is only one week […]
Vacation home rentals & your taxes
The chipping program is back in Summit County neighborhoods
Spring in Summit County means we all start cleaning up our yards after a season of snow covered lawns. Piling up broken branches or downed trees and evaluating and creating defensible space around our homes as needed. The larger branches and trees that can’t be hauled away with the trash can be stacked neatly beside […]
Your 1031 Exchange Deadline has been Extended!
Struggling with your mortgage due to Coronavirus?
Many people have been out of work for a couple of weeks now. Others are concerned that, while they are still employed, it’s not going to last. Still others are at high risk and really shouldn’t leave the house. All a result of Coronavirus and the resulting shut downs happening across the country. Many americans […]
Colorado Property Tax on Rental Property Increase in the Works
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 […]
Higher Property Tax Rates on Short Term Rentals in Colorado?
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 […]
Energy Rebates are Available
When you get a new home in Summit County it generally comes with everything. You’ll have appliances, furniture, bedding and even dishes when you close. That’s the beauty of second homes, they are typically turn key. However, just because it comes with everything, it doesn’t mean you like it or don’t want to replace it. […]