Increase Property Taxes on Short Term Rentals?

What’s happening? Colorado is considering imposing a higher property tax on properties that are vacation homes that are used for short term rentals. Bill Draft.

Why is this important? Some say the property taxes would more than triple. Others say it is taxing short term rental vacation homes like hotels and motels.

How could this be important? Eyeing new sources of revenue is not new.

Colorado Sun | Property taxes would more than triple for Colorado short-term rental owners under statehouse proposal