The idea of taxing rental homes at a commercial rate is likely to be a hot button in Colorado.
"Colorado property owners who lease short-term rental units on sites like Airbnb and VRBO would see a significant spike in their taxes under proposed legislation," reports Linnea Lipson.
The bill (SB20-109), "would classify short-term rentals as nonresidential properties, subject to commercial assessment rates, which are higher than residential rates," according to Lipson.
State Senator Bob Gardner (R-Colorado Springs) proposed the bill, but is quoted in the article casting doubt on whether the proposed approach is the most effective, or even likely to be approved.
Taylor Sienkiewicz provides additional coverage of the proposed bill.
FULL STORY: Bill seeks to increase property taxes on short-term rentals
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Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
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This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
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