Join us for a pivotal moment in Colorado legislation! On Tuesday, April 16th, mark your calendars for the Colorado Senate Finance Committee Hearing on SB 33. This proposed bill has significant implications for short-term rental (STR) hosts, potentially skyrocketing property taxes by up to 400 percent. By reclassifying STR properties as commercial rather than residential, it threatens the economic stability of residents and communities reliant on tourism.
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Being designated as a Superhost on Airbnb is not just a badge; it's a testament to our commitment to hospitality and the satisfaction of our guests. We are thrilled to announce that we have once again achieved Superhost status today, reaffirming our dedication to providing exceptional experiences for travelers from around the globe. In this blog post, we want to share our journey, the hard work behind the scenes, and the joy of being recognized for our efforts.
Our Accomplishments
We take great pride in providing our guests with luxurious and comfortable retreats across various locations in multiple states, all while maintaining respectful relationships with the local communities. Unfortunately, a recent experience at one of these properties, The Stilt House, has underscored the vital importance of adhering to house rules, local laws, and rental platform policies.
In the early days of January, an important legislative development took place with the introduction of the proposed property tax treatment bill for short-term rentals (STRs), known as SB24-033, in the Colorado Legislature. It is our privilege to inform you that SB24-033 is scheduled for its inaugural hearing before the Colorado Senate Finance Committee on Tuesday, February 20 (though subject to potential changes).
KRDO has reported that Colorado Springs Utilities (CSU) is extending a helping hand to its customers by providing payment assistance, along with rebates and energy-saving suggestions to alleviate the burden of higher heating bills during the winter season.
The Colorado Interim Legislative Oversight Committee Concerning Tax Policy is currently reviewing a proposed piece of legislation that would alter the tax classification for specific short-term vacation rental properties. Under this proposal, known as the Lodging Property Tax Treatment bill, short-term rentals (STRs) that are rented for 90 days or more would be subject to the lodging tax rate, placing them on the same taxation level as hotels and bed and breakfast properties.
At HomieBees, we are dedicated to maintaining the well-being of the neighborhoods and communities where our hosts and guests live and stay. In alignment with Airbnb’s recent policy updates, we are proud to announce that we will be upholding Airbnb’s newly codified ban on all parties and events at our properties. This decision underscores our commitment to fostering responsible hosting and creating harmonious environments for everyone involved.
