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).
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.
