Your Source for Summit County Real Estate
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 […]
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 […]
If you have a vacation home in Summit County, or anywhere in the US, that you rent out part time, what you can or cannot deduct can get a little sticky. How many days a year do you use your vacation home? How many days to you rent it to others at fair market rent? […]
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 […]
There are actually a few good things coming out of this pandemic. We get to spend so much more time with our family, hanging out at home and enjoying those around us. We get to file our taxes a little later this year, which is great if we owe taxes. We also get to extend […]
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 […]
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 […]
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. […]
Wildfire mitigation pays off, in more ways than you know. Not only does wildfire mitigation help save your property when it’s threatened by wildfire but you can also reduce your taxes up to $2500 for some or all of the amount you spend. Now that’s a good deal! According to the Colorado Department of Revenue, […]
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