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
Spain Moves to Ban 66,000 Airbnbs
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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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Trump Approves Futuristic Automated Texas-Mexico Cargo Corridor
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Atlanta Bus System Redesign Will Nearly Triple Access
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Urban Design for Planners 1: Software Tools
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Planning for Universal Design
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